Finance without authorization will triumph over government regulations: CEO of folding

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

Us Treasury considers digital identification in deffi to slow down the illegal finance

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