EU DeFi proposal could push users toward riskier platforms, according to Coinbase executive
• Coinbase’s EU policy lead says expanding suitability tests to cover both crypto lending and borrowing could limit access.
• This could lead to liquidity fragmentation in the market.
• The concern is that regulations could push users toward less regulated and riskier platforms.
• This comes as the EU develops regulations for DeFi.
#BinanceSquare #CryptoNews
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Source: CoinTelegraph
• Coinbase’s EU policy lead says expanding suitability tests to cover both crypto lending and borrowing could limit access.
• This could lead to liquidity fragmentation in the market.
• The concern is that regulations could push users toward less regulated and riskier platforms.
• This comes as the EU develops regulations for DeFi.
#BinanceSquare #CryptoNews
$btc $eth
#vlikevn #Titanbot
Source: CoinTelegraph