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    Diksha D Jadhav in Crypto News

    20-Dec-2022 11:37 AM


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    Coinbase CEO: Regulate centralized actors but leave DeFi alone

    Coinbase CEO Brian Armstrong recently spoke out on the need for regulators to focus on centralized actors and leave decentralized finance (DeFi) alone. Armstrong believes DeFi should be allowed to innovate without the burden of heavy regulations, as it could lead to better financial services for the world’s unbanked population. He suggests that regulators should focus their efforts on protecting consumers from centralized actors, and let DeFi applications remain largely unregulated. Armstrong believes DeFi projects can bring about a sea change in the way financial services are delivered to underserved populations, which could ultimately be beneficial for everyone involved.
    Source: Cointelegraph
    #DeFi