Curve Founder: FATF Regulatory Pressure May Drive DeFi to be Safer and More Decentralized
According to The Block, Curve founder Michael Egorov stated that the Financial Action Task Force (FATF) regulatory pressure on decentralized finance (DeFi) may prompt protocols to remove privileged access, upgrade risks, and the ability to intervene in user funds, thereby enhancing DeFi security and increasing decentralization.
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