SEC Chairman Says DeFi Projects ‘Have a Lot of Centralization,’ Warns They Won’t Reach Full Potential Outside Regulatory Laws

Chairman of the U.S. Securities and Exchange Commission Gary Gensler is issuing a warning about the potential risks associated with the decentralized finance (DeFi) sector. In an interview with Fox Business, Gensler says that while he and the SEC remain neutral on the innovative technology involved in Bitcoin and DeFi, he is concerned about the […] The post SEC Chairman Says DeFi Projects ‘Have a Lot of Centralization,’ Warns They Won’t Reach Full Potential Outside Regulatory Laws appeared first on The Daily Hodl.