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SEC boss says DeFi platforms are ‘highly centralized’ and will need to register

August 20, 2021 by DIGIT

SEC chairman Gary Gensler stated that many DeFi projects are “highly” centralized in certain aspects, as they are developed by a “core group of folks” who are incentivized to promote their platforms. Go to Source Powered by WPeMatico

Categories Crypto Regulation, defi, DeFi regualation, Gary Gensler, SEC, shadow-centralization

Crypto Mom: True decentralization is the only thing that will save DeFi projects

August 6, 2021 by DIGIT

SEC Commissioner Pierce believes that DeFi founders’ only hope to bypass financial regulation is to ensure full decentralization from launch. Go to Source Powered by WPeMatico

Categories Chris Blec, Hester Pierce, shadow-centralization


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  • bitcoinBitcoin(BTC)$87,800.003.71%
  • ethereumEthereum(ETH)$2,983.627.06%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$855.684.33%
  • rippleXRP(XRP)$1.915.60%
  • usd-coinUSDC(USDC)$1.000.04%
  • solanaSolana(SOL)$126.147.05%
  • tronTRON(TRX)$0.2793460.23%
  • staked-etherLido Staked Ether(STETH)$2,982.667.24%
  • dogecoinDogecoin(DOGE)$0.13286610.24%