Rewards Hub At Cointelegraph Connect: Cannes, Flipdazed from Keyring Network highlighted a significant challenge in decentralized finance (DeFi). As DeFi protocols begin to resemble traditional broker-dealers, they encounter increased regulatory scrutiny. This shift complicates the implementation of Know Your Customer (KYC) processes, adding layers of complexity to compliance efforts.
DeFi Faces Regulatory Challenges as Protocols Resemble Broker-Dealers
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