Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review Post author:MiamiCrypto Post published:December 6, 2021 Post category:bank of international settlement / BIS / Crypto / Cryptocurrencies / decentralized finance / DeFi Even though the total value locked in DeFi protocols has eclipsed $246 billion, it was not enough to please the BIS. You Might Also Like 2024 could be very bullish for crypto — Here’s why August 17, 2023 Aussie exchange Swyftx to offer ‘no lock-in’ yield on crypto May 5, 2022 Russian tax authority proposes using crypto as a foreign trade payment tool April 20, 2022