How the Fed sees crypto and DeFi adoption playing out | Crypto

How the Fed sees crypto and DeFi adoption playing out

-New research from the Federal Reserve offers two scenarios that could lead to the widespread adoption of crypto and decentalized finance (DeFi).
-In a new report, the Fed says there are two paths forward one where blockchain finance intertwines with traditional finance, and one where they are separate but parallel.
-According to the Fed study, financial stability risks loom in either scenario as both the decentralized finance and centralized finance (CeFi) subsectors are largely unregulated.
-The Fed also looks at the wild price swings in crypto and suggests two ways to improve the stability of the digital asset markets.

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