Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. DeFi is the bankless digitization of Wall Street. There are no intermediaries or excessive ...

Despite the collapse of the cryptocurrency market at the end of May 2022, DeFi services continue to be in demand among users in the long run. Financial institutions and banks need to prepare for the ...

The IRS’s new rules classify DeFi platforms as brokers and mandate KYC and transaction reporting. DeFi services must choose between compliance, blocking U.S. users, or fully decentralizing. Each path ...

It’s widely accepted that our current banking system has significant flaws. Beyond systemic and geopolitical risks — like restricted borders, time zone barriers, and central bank dependencies — there ...

The emergence of decentralized finance (DeFi) has ushered in an exciting wave of financial innovation, and it could revolutionize the way consumers engage with traditional banking systems. DeFi ...

The Treasury Department, in its first ever illicit finance risk assessment on the topic, said that the blockchain-powered world of decentralized finance, or DeFi, is rife with criminal activity, which ...

The early 2020s saw a new trend on the global fintech market - Decentralized finance, or DeFi. The elimination of traditional intermediaries, such as banks and payment processors, seems like a ...

Decentralized finance (DeFi) has massive potential to transform traditional financial services. Data from Emergen Research recently found that the global DeFi platform market size is expected to reach ...

Decentralized Finance, or DeFi, is a global, open-source alternative to the current financial system with products that let you borrow, save, invest, and trade. DeFi describes a system of financial ...