In the fast-growing world of decentralized finance, some services promise huge returns. Regulators are getting worried.
Carlisle said one source of concern for regulators is DeFi services marketing themselves as decentralized when that may not be the case. "We see some situations where the founding teams and developers that established the protocol have influence over the governance of the DeFi network."revised guidance
That means some founders of DeFi start-ups could potentially become subject to rules requiring that they provide information on originators and beneficiaries in the transfer of funds.
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