The world of blockchain and digital assets is one of tech enthusiasts. Consequently, understanding it requires significant technical knowledge, so it can be difficult to understand how a digital asset protocol works, let alone a broader technological movement like DeFi (decentralized finance). On day three of the FIA’s 2020 Expo, Bloomberg reporter Matthew Leising led a discussion about DeFi – what it is, how it works, who is using it, and how it might (or might not) be regulated.
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Swap execution facilities (SEFs) were given life by the Dodd-Frank Act, which requires over-the counter (OTC) swaps to be cleared and traded on this...
