Crypto Currency Tracker logo Crypto Currency Tracker logo
cryptonews 2023-06-23 18:00:00

BlackRock Executive Stresses Importance of Knowing Counterparties in DeFi for Institutional Engagement

It is critical for financial institutions to know who they are trading with when using decentralized finance (DeFi) protocols, asset management giant BlackRock’s head of strategic partnerships, Joseph Chalom, has said. "The first issue is, who am I trading with? [...] We go to jail, if we don't know who we're trading with," Chalom told the audience during the State of Crypto Summit hosted by Coinbase and the Financial Times on Thursday in New York.... Read More: BlackRock Executive Stresses Importance of Knowing Counterparties in DeFi for Institutional Engagement

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.