DeFi: Who, what and how to regulate in a borderless, code-governed world?

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The decentralized, disintermediated and borderless blockchain networks challenge regulators, but DeFi is the future of finance.
Hold onto your hats, boys and girls! It’s a new world — a financial system without intermediaries, that anyone can access 24 hours a day with only a mobile phone and a wallet! As Julien Bouteloup said to me: “In DeFi, what we are building is fully decentralised technology, fully transparent, run by mathematics. No one can beat that.”He continued: “We are building on research papers, 40 years of research, fundamental research, discrete mathematics being built and put on-chain that no one can beat. You cannot beat that. GitHub didn’t exist in the ‘90s. First, the fact that we’re going at the speed of light, is because everything is open source, and everyone can participate.”Related: DeFi literacy: Universities embrace decentralized finance educationA Novum Insights report stated back in

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Źródło: https://cointelegraph.com/news/defi-who-what-and-how-to-regulate-in-a-borderless-code-governed-world

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