WEF pushes for restricting “certain types of actors and transactions” from using decentralized...

2 years ago
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WEF pushes for restricting “certain types of actors and transactions” from using decentralized finance

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Like the response to trucker protests in Canada demonstrated earlier in the year, a centralized and tightly controlled financial system makes it very easy to punish those participating. On a much bigger scale, the same is true of entire countries – if they are dependent solely on centralized international systems, they can be cut off at any point, and those in control of the systems can use them as very effective weapons. But the rise of decentralized finance (DeFi) is throwing a wrench into all this, the World Economic Forum (WEF) has noted in an article posted on its site....
Source: https://www.newswars.com/wef-pushes-for-restricting-certain-types-of-actors-and-transactions-from-using-decentralized-finance/

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