3min chapter

Patrick Boyle On Finance cover image

Is DeFi Really Decentralized?

Patrick Boyle On Finance

CHAPTER

Decentralized Cryptocurrency Industry

Regulators have warned that defi projects are much more centralized than their marketing indicated. A recent report from the bank for international settlements questioned whether defy projects could ever expand to an adequate monetary system because developers can't predict every potential market move. While regulators warn about the pitfalls of defi, the market is making its own judgments.

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