Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
AMB Crypto 2021-08-06 21:30:19

‘Builder-first DAO’ proposal to ‘defend’ DeFi gathers steam after Gensler’s remarks

DAOs and DeFi are a crucial part of the cryptocurrency universe. The decentralized structure of the field, however, has been raising concerns in the minds of regulators such as the SEC. Chairman Gensler, for instance, explicitly spoke about Decentralized Finance [DeFi], stablecoins, and crypto-lenders being potential targets for greater regulatory scrutiny a few days ago. […]

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.