With DeFi gaining mainstream attention, a regulatory framework for DeFi could be around the corner.
However, unlike the regulations that happened on centralized exchanges, regulating DeFi would not be that straightforward, as the DeFi ecosystem prioritizes user privacy more than its centralized counterparts. Instead of heavy-handed, nonsensical, top-down regulation, the DeFi industry needs an industry-led approach.
The SelfKey Credentials integration on the KeyFi platform may serve in preparing the DeFi space for such an imminent regulatory future, with a regulatory solution that is user-centric and privacy-preserving.
So download the SelfKey Wallet now, and get your Credentials today.
While BitMEX is a highly centralized exchange platform, the BitMEX actions also have implications for decentralized finance (DeFi). Read More…
The future of DeFi could evolve into a regulatory compliant one. Since some of the current happenings on the DeFi space strongly point towards this. And SelfKey is trying to lead the way towards this future. Through the upcoming addition to the SelfKey Marketplace, the KeyFi platform, which rewards users with verified SelfKey Credentials.
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Quote of the Week - “The best way to predict your future is to create it.” - Abraham Lincoln
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