The quick expansion in DeFi and yield farming would probably draw the attention regulation from authorities.
A research carried out showed that the quick expansion in decentralized finance this year has made the possibility of illegal transfer of money, which will cause it to be under watch by control agencies.
Since the start of this year, the dollar price of cryptocurrency assets invested through decentralized finance platforms has risen over 1,200% to get to about $9 billion. Decentralized finance has a design that does not require permission. It is not centralized, making it different from centralized trading firms because they do not require any prior information or details about their users.
