EU DeFi Proposals Could Restrict Crypto Access: Coinbase
6 Articles
6 Articles
EU DeFi Proposals Could Restrict Crypto Access: Coinbase - Invest In Crypto News
European Union efforts to tighten oversight of decentralized finance (DeFi) could drive crypto users toward platforms offering fewer investor protections, according to Coinbase’s head of EU policy. Roeland Van der Stappen told Cointelegraph that regulated crypto platforms could respond by limiting or dropping access to DeFi services. “Rules designed to protect investors would end up […]
Coinbase warns that new European requirements for access to DeFi protocols could lead regulated exchanges to limit these services. Its policy officer for the EU fears that, instead of protecting users, restrictions will fragment liquidity and direct them towards platforms with less safeguards.
Coinbase Exec Warns EU DeFi Rules May Drive Users to Riskier Platforms
Europe’s push to tighten oversight of decentralized finance (DeFi) could have an unintended effect: rather than improving investor protection, stricter rules may push some activity away from regulated on-ramps and toward venues offering fewer safeguards. That warning came from Roeland Van der Stappen, Coinbase’s head of EU policy, who argued that the design of compliance [...]
EU DeFi proposals could push users to riskier platforms, says Coinbase exec
Coinbase’s EU policy chief says applying suitability tests beyond crypto lending and borrowing could limit access and fragment liquidity.European Union efforts to tighten oversight of decentralized finance (DeFi) could drive crypto users toward platforms offering fewer investor protections, according to Coinbase’s head of EU policy.Roeland Van der Stappen told Cointelegraph that regulated crypto platforms could respond by limiting or dropping ac…
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