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Bank of International Settlement calls the rise of decentralized finance 'an illusion' in latest quarterly review

Even though the total value locked in DeFi protocols has eclipsed $246 billion, it was not enough to please the BIS.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bank of International Settlement calls the rise of decentralized finance 'an illusion' in latest quarterly review

Even though the total value locked in DeFi protocols has eclipsed $246 billion, it was not enough to please the BIS.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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