A Federal Reserve governor questioned whether or not decentralized finance (defi) can really get rid of the necessity for intermediaries, regardless of bitcoin’s revolutionary promise. Whereas decentralized programs intention to bypass conventional buildings, he argues that belief in intermediaries nonetheless resurfaces. May crypto ever be totally decentralized, or will it mirror conventional finance? The potential regulatory challenges and the position […]
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Is Full Decentralization of Finance Sensible? Fed Governor Waller Says No
