With the EU's MiCA framework tightening compliance, market share is migrating to licensed venues and self-custody, while faith in grand predictive charts wanes. At the same time, institutional capital is moving into DeFi, with Kraken pursuing a significant stake in Aave, underscoring a convergence between regulated finance and decentralized protocols. A prominent P2P loss highlights the urgency of robust user protection and counterparty diligence.
Reddit
#financial regulation
#decentralized finance
#market volatility
#investor protection
