Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Crypto Long & Short: The GENIUS Act’s guarantees don’t cover DeFi lending

Institutions weighing DeFi lending tend to ask which markets are safest. Mike Hathaway and Joseph Quintilian of Ajna argue the better question is who can change a loan’s terms after the money is lent, and why a fully backed stablecoin offers no protection against a token vote or a faulty price feed.

Crypto Long & Short: The GENIUS Act’s guarantees don’t cover DeFi lending

We haven't written up this one. CoinDesk has the full story — the link below goes straight to it.

Read the original at coindesk.com →

More in Finance & Markets

More from Wednesday 11 November →