Regulatory risks grow for DeFi as a ‘money laundering haven’ By Cointelegraph


Regulatory risks grow for DeFi as a ‘money laundering haven’

The rapid growth in decentralized finance and yield farming is likely to attract greater regulatory attention according to a recent report.

A joint research paper by global management consulting firm BCG Platinion and Crypto.com has indicated that the rapid growth in DeFi in 2020 has created the potential for money laundering which will bring it under the radar of regulatory authorities.

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