Tech Advances Associated With DeFi Could ‘Profoundly Affect’ Financial Market Trading, Says US Fed Governor
A crypto-skeptic US Federal Reserve governor says technology advances associated with decentralized finance (DeFi) could complement its centralized finance counterpart.
DeFi technology is a complement to centralized finance, Fed's Waller says
Federal Reserve Governor Christopher Waller argued that decentralized finance (DeFi) technology can work alongside traditional financial systems, rather than replace them, he said on Friday. "The bottom line is that things like [distributed ledger technology],
DeFi can complement traditional finance systems: Federal Reserve
Federal Reserve Governor Christopher Waller has just told a workshop on Friday that decentralized finance (DeFi) has the potential to complement traditional
Waller makes case for DeFi as complement to traditional finance
Federal Reserve Board Gov. Christopher Waller argued that while decentralized finance technologies can reduce reliance on intermediaries and enhance efficiency, they ultimately pair well with centralized finance.
Fed's Waller says DeFi can improve efficiency in centralized finance
Fed Governor Christopher Waller talks about the integration of DeFi with traditional finance and the potential benefits of stablecoins.
Fed's Waller: 'DeFi' Can Complement Centralized Finance
Federal Reserve Governor Christopher Waller says aspects of decentralized finance can complement the traditional financial system and that "advances associated with DeFi have the potential to profoundly affect financial market trading.
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