Tag: DeFi
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Fordefi raises USD 10 mln to expand its self-custodial wallet
Fordefi, the leading provider of self-custodial wallet solutions, has recently raised a massive USD 10 million in a Series A funding round. The company plans to utilize this fresh capital injection to significantly expand its operations and enhance its self-custodial wallet features. A self-custodial wallet, also known as a non-custodial wallet, puts the control of…
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CFTC believes that DeFi Identity should be prioritised by policymakers
Introduction Decentralized Finance, commonly referred to as DeFi, has been rapidly gaining traction in the financial world. As this innovative sector continues to evolve, regulatory bodies are now turning their attention towards the importance of prioritizing DeFi identity protocols. The Commodity Futures Trading Commission (CFTC) in the United States firmly believes that policymakers should…
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IOSCO publishes DeFi policy recommendations
Iosco Publishes DeFi Policy Recommendations The International Organization of Securities Commissions (IOSCO) has recently published its policy recommendations on Decentralized Finance (DeFi) platforms, aiming to provide guidance for regulatory authorities and market participants in navigating this emerging sector. DeFi has gained significant popularity in recent years, offering a decentralized alternative to traditional financial intermediation. The…