Author: Hong Yea

DeFi wants regulation to construct belief, appeal to institutional funding, and guarantee long-term viability regardless of its decentralized nature. Opinion by Hong Yea, Co-Founder and CEO of GRVT. The place taken by some crypto trade specialists on regulation and compliance within the decentralized finance (DeFi) house could be hanging at instances. Whether or not at conferences and on panels or attending extra informal aspect occasions, I’ve heard friends and rivals argue that DeFi is already self-regulated and has overcome the necessity for regulation. Their argument relies on the legitimate level that DeFi logic is embedded within the blockchain. The logic, nevertheless,…