The co-founder of Ethereum, Vitalik Buterin, called for open-source and verifiable infrastructure in the critical sectors, in particular health care, finance and governance, warning that centralized systems are likely to erode confidence and security. In a blog article on Wednesday, Buterin argued that as digital infrastructure becomes integrated into daily life, based on closed systems, … Read more
Decentralized financing protocols (DEFI) will survive the efforts of the government and businesses to impose traditional financial regulations designed to create a guaranteed digital systems garden, according to Will Reeves, CEO and co-founder of Bitcoin (BTC) Rewards Company Fold. Reeves told Cintelelegraph that regulatory proposals requiring DEFI protocols to integrate biometric identity checks into intelligent … Read more
The US Treasury Department requests public comments on how digital identity tools and other emerging technologies could be used to combat illicit finance on cryptographic markets, an option incorporating identity checks into intelligent decentralized financing contracts (DEFI). The consultation, published this week, stems from the new guide and the establishment of national innovation for the … Read more