Canada central bank assesses innovations and challenges of DeFi Post author:MiamiCrypto Post published:October 17, 2023 Post category:Bank of Canada / Canada / Stablecoin The staff note suggested that, although the DeFi ecosystem brings a ton of innovations in the financial sector, the regulatory challenges and vulnerability limit its potential use in traditional finance. You Might Also Like Stablecoin exodus: Why are investors fleeing crypto’s safe haven? September 22, 2023 Industry heavyweights respond to UK’s crypto asset regulatory framework proposal May 2, 2023 Circle to acquire Web3 platform Cybavo, bolstering its stablecoin adoption June 10, 2022