
#126 - Genuine DeFi as Critical Infrastructure: Paper by Rebecca Rettig, Michael Mosier and Katja Gilman
Law of Code
Combating Illicit Finance Risks in DeFi
This chapter explores the risks associated with decentralized finance (DeFi) and proposes a framework for combating illicit finance. It discusses proposals related to genuine DeFi systems, the definition of independent control, and the challenges of regulating DeFi while preserving its benefits. The chapter also emphasizes collaboration between industry and government to establish a safe and accessible financial system.
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