JPMorgan Chase's chairman and CEO said the importance of implementing new technology cannot be overemphasized.
BlockFi agreed to pay $100m in penalties.
The regulator is considering modernizing its rules related to the definition of an exchange.
The crypto firm launched prime brokerage in the third quarter of this year.
Pyth network brings high fidelity data directly to Defi consumers.
Coinbase said the regulator won’t explain why they see a problem.
Decentralized finance is one of the fastest-growing and innovative sectors of the cryptocurrency economy.
DeFi replicates financial functions such as borrowing and lending with digital assets.
Regulators will take time to put a framework in place.