While Bamra said DeFi norms, once released, “could help increase investor confidence, decrease exposure to risks, and encourage more consistent regulation” across jurisdictions, Chris Perkins, president and managing partner at investment firm CoinFund commended IOSCO for not “commingling” DeFi in its policy paper covering crypto asset service providers.
Related posts
-
Japanese Regulator Issues Warning to Unregistered Crypto Platform Lbank Exchange
The Financial Services Agency (FSA) of Japan issued a warning to Lbank Exchange, an overseas cryptocurrency... -
Crypto liquidations rally 78% with ETH leading the charts
Cryptocurrency liquidations have seen a sudden increase over the past day. Ethereum (ETH) is still leading... -
Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales Only
Regulation through enforcement often yields suboptimal outcomes for all...