EU laws will require kill switches in Defi protocols
Euro Parliament approves Data Act that requires kill switches on smart contracts. Read this full report
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defi
Russian Bank Sber will launch the Defi platform in March of this year
Russia’s Sberbank plans to launch Ethereum-based DeFi platform by May. Read this full report
Research says World Bank can reduce its remittance cost by 80% with Defi
Decentralized forex will reduce cost by as much as 80%. Read this full report
BIS will use Defi protocol to allow the foreign exchange of digital money
Bank for International Settlements will test DeFi implementation in forex. Read this full report
Bank of England official says Defi is not decentralized
Bank of England policy committee member says DeFi isn’t decentralized. Read this full report