Regulating DeFi is a pressing issue requiring immediate attention and cooperation between the government and industry. Implementing basic AML/CFT standards, cybersecurity measures, self-regulation, and educational campaigns will safeguard consumers while fostering innovation.

Read more about the path to responsible DeFi regulation in our recent blog post: https://blog.spheron.network/defi-regulation-practical-next-steps-to-make-the-industry-safer

#DefiRegulation #AMLCFT #Cybersecurity #SelfRegulation #ConsumerProtection #Web3 #Blockchain #Spheron

European Central Bank, Annex 1: Functional and non-functional requirements linked to the market research for a potential digital euro implementation, January 2023

— Available here: https://www.ecb.europa.eu/paym/digital_euro/investigation/profuse/shared/files/dedocs/ecb.dedocs230113_Annex_1_Digital_euro_market_research.en.pdf?8f308548cc80b5f187a5560bd50e72ce

#digitalEuro #CBDC #regulation #paymentsystems #banking #financialservices #digitalassets #privacy #AMLCFT #EuropeanCentralBank #centralbanks #Eurosystem