@Bragato18 24 April 2022 more from that month

the International Monetary Fund (#IMF) has proposed a series of measures aimed at regulating the decentralized finance (DeFi) sector. In its Global Financial Stability report, the body spelled out its preliminary recommendations regarding the rapid growth of fintech and the challenges for financial stability. The regulations will focus on elements of the crypto ecosystem that have enabled the development of DeFi such as stablecoin issuers, centralised crypto exchanges, and hosted wallet service providers. I wonder if they realise that fintech and DeFi are not the same thing.