US Senator Elizabeth Warren calls for more regulation for DeFi and stablecoins, UAE HQ for Binance in talks and more
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US Senator Elizabeth Warren calls for more regulation for decentralised finance (DeFi), with stablecoins in particular focus, in light of imminent risks posed to consumers.
In a tweet posted on Dec 15, Warren warned regulators that stablecoins are “propping up one of the shadiest parts of the crypto world, DeFi” for them “to get serious about clamping down before it is too late.”
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