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Home / News / Sector Regulation / For decentralized finance to go mainstream it must be regulated, Swiss central bank head says
Sector Regulation Sector Regulation

For decentralized finance to go mainstream it must be regulated, Swiss central bank head says

By Fiona Maxwell
  • 04 Apr 2022 11:31
  • 04 Apr 2022 11:31
Cryptoassets Financial stability Fintech
Decentralized finance needs to come under the regulatory framework for it to become relevant to the wider financial system, the chairman of the Swiss National Bank’s governing board said today.

While regulators should seek to apply policy to the emerging technology without stifling innovation, the act of regulating decentralized finance, or DeFi, will

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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