Coinbase Warns of DeFi Regulatory Risks in the EU - ForkLog

New EU requirements for DeFi access could push users to less secure platforms, according to Ruland van der Stappen, Coinbase's Head of European Regulatory Policy. The executive believes these restrictions could lead to user outflow and liquidity fragmentation.

Previously, the European Securities and Markets Authority proposed separate regulations for companies providing DeFi access, while the European Banking Authority considered assessing the suitability of crypto lending for clients.