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Article • about 1 year ago

Regulatory Actions Raise Concerns About the Future of Decentralized Finance in the US

Regulatory Actions Raise Concerns About the Future of Decentralized Finance in the US
Summary
  • Regulatory actions by the CFTC have raised worries within the DeFi community about the legality of DeFi in the United States.
  • DeFi platforms, with their decentralized nature, present challenges to regulators who struggle to enforce traditional financial regulations.
  • The CFTC has taken actions against DeFi protocols for offering illegal digital asset derivatives trading, underscoring its evolving regulatory approach.

Source: https://www.financemagnates.com//cryptocurrency/could-cftcs-legal-actions-make-defi-illegal-in-the-us/

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