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RE: Daily Crypto Markets Live Blog: The Fed Wants More Oversight Over Crypto: Surprise (09/04/22)

in LeoFinance2 years ago

So the task of supervisory authorities now is to create "the necessary tools" for DeFi (once they reached the stage of becoming "systematically important") "to ensure compliance with laws and regulations."

When and what needs to be done for DeFi to be considered as something "systematically important"?

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Yes because they have a track record of financial stability and making the financial system safe for all participants.

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