Regulating DeFi wallexcustody.com

The required knowledge to fully understand DeFi and finally regulate it resides in concise education for all stakeholders, beginning from the users to the regulators. Regulators understandably want to protect the interest of their citizens from scrupulous individuals who are out to take advantage of the people’s ignorance about the crypto industry. Not only that, they also want to prevent the proliferation of fraud and theft and the financing of illegal and illicit activities including drug trafficking, gun running, piracy, and terrorism. Since DeFi is a neutral tool, it is subject to the maneuverings of its master, or say, controller. It may be difficult, but it has to start somewhere. DeFi is a good industry and to maximize its potential to benefit the greater majority, a cooperative regulation of a global scale needs to be in place to draw trust towards mainstream adoption. Visit Wallex Custody for more details!