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Posted by Khalid Shaikh on September 20, 2024 at 9:17am 0 Comments 0 Likes
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The global Metal Recycling Market size is expected to reach USD 1,135.28 billion by 2030, growing at a CAGR of 4.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing emphasis on circular economy and growing environmental awareness are major factors that are likely to propel the industry growth over coming…
ContinuePosted by smithmorgan on September 20, 2024 at 9:07am 0 Comments 0 Likes
Posted by smithmorgan on September 20, 2024 at 9:07am 0 Comments 0 Likes
SEC Chair Gary Gensler Claims DeFi Is Centralized
On Thursday, U.S. Securities and Exchange Commission Gary Gensler told Fox Business host Maria Bartiromo that decentralized finance (DEFI) platforms have “a lot of centralization”:To get more news about DASH, you can visit wikibit.com official website.
“The so-called decentralized finance platforms actually have a lot of centralization. Theres a group of entrepreneurs that are running these platforms. They should come in and to the extent work with us and get registered. ”
Gensler also made similar comments in his interview with The Wall Street Journal that was published earlier today.
The top regulator described DeFi as “a misnomer” since many projects that fall under the umbrella term are only partially decentralized:
“Theres still a core group of folks that are not only writing the software, like the open-source software, but they often have governance and fees.”
The SEC boss has once again stressed that the agency doesn‘t discriminate when it comes to specific tech, but it’s not neutral on investor protection:
“We focus on investor protection. We are neutral about technology (Bitcoin and the other crypto tokens). It was honor to teach a bunch of this up at MIT before I took this job.”
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