DeFi needs appropriate regulation before expanding to retail: Fed Chair Powell
Jerome Powell acknowledged that DeFi will start to reach more retail customers, highlighting the need for regulation.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Jerome Powell acknowledged that DeFi will start to reach more retail customers, highlighting the need for regulation.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Balancer Proposes $9M Treasury Wind-Down After V3 Fails to Restore DeFi Revenue Growth
Key Takeaways: Marcus Hardt, CEO of Balancer, suggested an orderly winddown given the lack of revenue generation from the restruct...
Bitcoin needs to reach $82,900 to outrun a looming miner margin squeeze
Bitcoin’s August price recovery coincided with a sharp improvement in mining revenue, but the network is preparing to reclaim part...
A new XRPL upgrade could concentrate XRP ownership inside banks instead of retail wallets
A proposed XRP Ledger (XRPL) upgrade could let banks and fintechs absorb XRP costs so customers never need to hold the token. The...
DeFi governance gap allows one wallet to request 98% of Ampleforth treasury’s USDC balance
Ampleforth, a DeFi protocol governed by FORTH token holders, saw Proposal 54 canceled on-chain before its voting window opened. Th...
Will the Clarity Act Pass the Senate? | Connor Brown, Bitcoin Policy Institute
Bitcoin Magazine Will the Clarity Act Pass the Senate? | Connor Brown, Bitcoin Policy Institute The Clarity Act reaches a make-or-...
A DeFi giant that once held $3 billion is now proposing to wind itself down
DeFi platform Balancer is proposing an orderly shutdown after a cost-cutting overhaul failed to revive revenue following last year...