Cheqd makes it clear that DeFi urgently needs a way to ensure it can stay compliant with government regulations if it’s to benefit from greater adoption by institutional organizations.
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Institutional access to DeFi is on the roadmap. Cheqd has joined the CeDeFi Alliance, an organization that’s aiming to bring greater regulation and transparency to DeFi. DeFi urgently needs a way to ensure it can stay compliant with government regulations to attract institutional organizations.
Whenever I see institutional access to DeFi, my mind will go to how Unido is reducing to barriers of entry into the DeFi for SMEs and institutional investors. Institutional access to DeFi will help drive home adoption.
“Cheqd makes it clear that DeFi urgently needs a way to ensure it can stay compliant with government regulations if it’s to benefit from greater adoption by institutional organizations.”
That’s totally true.
DeFi is great, even though I hate government regulations we need this for DeFi to grow, I love initiatives like this one.
What I like the most is the name, it really suits what they do, Cheqd sounds unique.
You mean that free cheqd i got will be something in the future?