Primer on DeFi: Risks and Regulations

By Fitch Ratings

This report is part of a companion series with Primer on DeFi: The Ecosystem examining the characteristics of the DeFi ecosystem, the key DeFi services and the blockchain networks that underpin the infrastructure and settlement of DeFi. Decentralised finance (DeFi) accelerates the existing trend of providing “finance as a service”, bypassing mainstream centralised financial (CeFi) intermediaries to offer an alternative to existing banks, fintechs, and other financial institutions. Its user base appears to be concentrated within India, China, the US, Vietnam, Thailand, Brazil, the UK and Russia. To read more, please download this free white paper.

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