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BIS-funded regulator to probe DeFi entry points like stablecoins

Published 02/16/2023, 06:49 AM
Updated 02/16/2023, 08:20 AM

The Financial Stability Board (FSB), the financial regulator funded by the Bank for International Settlements (BIS), is pushing international regulations for decentralized finance (DeFi).

On Feb. 16, the FSB issued a report on the financial stability risks of DeFi, highlighting major vulnerabilities, transmission channels and the evolution of DeFi.

Monthly DeFi unique addresses and number of DeFi apps. Source: FSB

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