DeFi Transactions Pose Higher Risks, Thai SEC Cautions Investors

DeFi Transactions Pose Higher Risks, Thai SEC Cautions Investors


Bitcoinist
2022-08-20 21:32:25

Thailand Security and Exchange Commission (SEC) warns investors within the state about the risks that DeFi transactions pose. SEC claimed that DeFi’s ecosystem, especially lending and debit-taking firms, may not include necessary parameters in their mechanisms to ensure the prevention of rug-pull and overleveraged collateral. While cryptocurrency gained prominent growth in recent years, it also […]