Coinbase's EU policy chief says proposed European rules that would apply suitability tests beyond crypto lending and borrowing could push users toward less regulated platforms. The concern is that restricting access and splitting liquidity across venues could make markets harder to use and less efficient. The warning comes as lawmakers weigh how to bring decentralized finance under the bloc's framework.

Does tighter oversight help users, or does it just move activity elsewhere? Curious where readers land on this one.

Source: https://cointelegraph.com/news/eu-defi-riskier-platforms-coinbase-exec

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