Hey Guys,
Some of you might remember US President Joe Biden signing an executive order about cryptocurrency last September. This executive order called on US regulators to analyse cryptocurrency, and we’ve seen multiple reports issued since.
Recently, the Treasury Department published a report about the risks associated with DeFi and referred to this crypto niche as national security risk. This got me wondering what exactly this report said. Not surprisingly, it makes some crazy claims.
The Treasury Department literally thinks that DeFi is everything except simple wallet to wallet crypto transfers. Even then, it believes there are risks to this ‘disintermediation’. What the regulator recommends is terrifying to say this least.
This a video you cannot miss.
~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️
► Treasury Department DeFi Risk Assessment Full Report: https://home.treasury.gov/news/press-…
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
