Regulation is coming to DeFi, but can it be enforced?

Cointelegraph

Published Oct 06, 2020 04:55PM ET

Updated Oct 07, 2020 07:00PM ET

Blockchain analytics company Coinfirm recently unveiled a new anti-money laundering tool for the decentralized finance, or DeFi, niche of the crypto space — a sector facing regulatory crackdown on the horizon, according to Jakub Fijolek, Coinfirm's chief technology officer.

"DeFi might soon have some regulatory issues," Fijolek told Cointelegraph in an interview. "The amount of funds that are flowing through DeFi is growing significantly."

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