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US Federal Reserve discussion paper takes cold, hard look at DeFi, gives it mixed review

The authors see DeFi growing despite barriers such as crypto’s volatility; risks to users and TradFi institutions are inherent in the technology as well as incidental.

US Federal Reserve discussion paper takes cold, hard look at DeFi, gives it mixed review

The authors see DeFi growing despite barriers such as crypto’s volatility; risks to users and TradFi institutions are inherent in the technology as well as incidental.

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