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US Fed Chair Powell Urges Caution on Regulating DeFi

Some policymakers are keen to press new rules on the decentralized finance sector following the collapse of Do Kwon's terraUSD stablecoin.

Updated May 11, 2023, 3:47 p.m. Published Sep 27, 2022, 1:20 p.m.
Federal Reserve Chair Jerome Powell (Win McNamee/Getty Images)
Federal Reserve Chair Jerome Powell (Win McNamee/Getty Images)