EU DeFi proposals could push users to riskier platforms, says Coinbase exec
Summary
A Coinbase executive warns that upcoming European Union decentralized finance regulations might drive users toward dangerous alternatives. The official notes that expanding suitability assessments past lending services risks restricting user access and fracturing market liquidity across the region.
Coinbase’s EU policy chief says applying suitability tests beyond crypto lending and borrowing could limit access and fragment liquidity.
Source: Read the full story at Cointelegraph.com News
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.