DeFi needs appropriate regulation before moving to retail, says Fed Chair: Finance Redefined By Cointelegraph


DeFi needs appropriate regulation before moving to retail, says Fed Chair: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

United States Federal Reserve chairman Jerome Powell has given his verdict on the evolution of the DeFi market, claiming there is a definite need for robust regulation before the nascent market could expand to retail.