- Volver al menú
- Volver al menúPrecios
- Volver al menúInvestigación
- Volver al menú
- Volver al menú
- Volver al menú
- Volver al menúInvestigación
DeFi
DeFi, short for decentralized finance, represents a shift in the financial sector by leveraging blockchain technology, primarily Ethereum, to eliminate traditional financial intermediaries. It enables various financial applications, from simple transactions to complex contracts, through smart contracts that execute automatically under specific conditions. Key DeFi applications include decentralized exchanges (DEXs), stablecoins, lending platforms, and prediction markets. DeFi offers financial services like loans and interest-earning opportunities without traditional identity verification, relying instead on collateral, usually in cryptocurrency. This innovative sector promises increased accessibility and efficiency but comes with risks, such as market volatility and unregulated projects.
El Salvador Wants to Build ‘Bitcoin City’ With Major Tax Incentives
El Salvador, the only country where bitcoin is a legal tender, is going to build an entire city based on the largest cryptocurrency by market value. “Bitcoin City” will have no income, property, capital gains or payroll taxes.
Another E-CNY Scam Busted, SCMP to Tokenize History
Inner Mongolia e-CNY scam busted. Hong Kong’s South China Morning Post to release news archives as NFTs. DeFi emerges as an enabler for pricing assets. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
French Fintech Lydia Taps Bitpanda to Let 5.5M Users Trade Crypto
Austrian crypto exchange Bitpanda, the country's first tech unicorn, has teamed with French mobile payments app Lydia to offer its 5.5 million users the ability to invest in over 170 crypto assets. Bitpanda Chief Product Officer Lukas Enzersdorfer-Konrad shares insights into the partnership, France's regulatory reception to crypto, and the state of DeFi in Europe.
DEX Aggregator ParaSwap Launches PSP Token Following ENS Airdrop Excitement
On the heels of the ENS token distribution, exchange aggregator ParaSwap has launched its PSP governance token. PSP enables users to stake in liquidity pools in exchange for platform rewards and participate in its newly formed decentralized autonomous organization (DAO) governance. “The Hash” squad discusses the latest continuation of Airdrop season in DeFi land.
FATF Publishes Crypto Anti-Money Laundering Guidance
The Financial Action Task Force (FATF) has published its revised guidance for crypto firms, further clarifying the definition of Virtual Asset Service Providers (VASPs), DeFi, stablecoins, and NFTs. Association of Certified Anti-Money Laundering Specialists (ACAMS) Executive Director Rick McDonell discusses the world of crypto and anti-money laundering (AML), breaking down the key points of the recommendations.
Acting Comptroller of the Currency Michael Hsu on Stablecoin Risks, Innovation, Regulation
Acting Comptroller of the Currency Michael Hsu breaks down the President’s Working Group on Financial Markets' (PWG) long-anticipated stablecoin report published last week, which proposes rigorous new oversight of stablecoin backing. He shares insights into stablecoins' operational risks, financial and technological innovation, and potential regulatory approaches. Plus, his views on DeFi.
Biden Administration: Stablecoins Should Be Regulated Like Banks
The long-awaited stablecoin report from the President’s Working Group on Financial Markets (PWG) suggests prudential bank regulators should oversee stablecoin issuers. Rep. Warren Davidson (R-Ohio) shares insights into the U.S. crypto regulatory landscape for stablecoins, custody issues, DeFi, and tether.
FATF Crypto Guidance Looks to Bring Industry in Line With Banks
The Financial Action Task Force (FATF), a global anti-money laundering (AML) agency, has released its updated guidance for firms that handle crypto and virtual assets. “The Hash” team discusses the key takeaways and implications for the future of DeFi regulation.