{"id":566763,"date":"2021-07-12T13:52:15","date_gmt":"2021-07-12T13:52:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/"},"modified":"2021-07-12T13:52:15","modified_gmt":"2021-07-12T13:52:15","slug":"swimming-in-regulatory-uncertainty-defi-part-i","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/","title":{"rendered":"Swimming in regulatory uncertainty: DeFi - Part I"},"content":{"rendered":"

<\/a> With regulators' eyes fixed on the potential harms of an unregulated crypto sector, could <\/strong>DeFi be the next frontier for regulation?<\/strong> After the UK banned operations by crypto exchange Binance<\/a> last month over concerns over loose regulation and high risk for retail investors, decentralized finance could be the next big headache for regulators. A sign of their growing concern: Reps of automated crypto exchanges such as Uniswap<\/a> and other players in the fast-growing sector met virtually with the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission to bring them up to speed on developments in the decentralized finance (DeFi) space, the Financial Times<\/a> reported. The event came on the heels of a global regulatory crackdown on crypto, though DeFi has so far avoided coming under the same harsh spotlight.<\/p>\n

What exactly is DeFi? <\/strong>DeFi<\/a> is an umbrella term for a raft of financial applications in cryptocurrency (mainly stablecoins), geared towards disrupting financial intermediaries and facilitating peer-to-peer transactions. Blockchains \u2014 typically Ethereum<\/a> \u2014 are used in DeFi to create \u201csmart contracts<\/a>,\u201d through which users can manage financial transactions such as lending, borrowing and trading outside the purview of traditional financial institutions such banks, brokerage firms and centralized exchanges.<\/p>\n

So how does it work?<\/strong> Users interact with DeFi software protocols through unhosted wallets \u2014 non-custodial digital wallets that allow users to store their assets without having to depend on third-parties. The first DeFi application was created by MakerDAO<\/a>, founded by a Dutch entrepreneur in 2014. MakerDAO is a decentralized autonomous organization that created a token pegged to the USD called Dai<\/a>.<\/p>\n

Interest in DeFi is picking up: <\/strong>As this blockchain-based financial infrastructure gains steam, CoinGecko calculated (pdf)<\/a> the industry\u2019s market cap at more than USD 90 bn as of this month. American entrepreneur Mark Cuban described DeFi as an industry with \u201cthe potential to explode<\/a>\u201d after the monthly volume of decentralized exchanges skyrocketed to USD 45.2 bn<\/a> in January, from USD 39.5 mn during the same month a year before. The rise in the price of Ethereum<\/a>, the most commonly used blockchain for DeFi contracts, is also attributed to increased interest in DeFi. In February, Bitwise Asset Management announced the launch of the Bitwise DeFi Crypto Index Fund<\/a> \u2014 the world\u2019s first-ever fund vehicle for accessing DeFi currencies, angling to usurp traditional finance.<\/p>\n

So, what\u2019s the problem with DeFi? In a nutshell, <\/strong>it\u2019s decentralized<\/a><\/strong>: Unlike traditional banks, which can be sanctioned or shut down, regulators would face difficulty holding any particular person or entity accountable in this all-digital industry. In DeFi, users do not receive risk disclosures, and its open protocols are not subject to risk management requirements, such as capital and liquidity buffers, that protect against loss of consumer funds and other systemic risks. DeFi users may have little recourse should a transaction go foul.<\/p>\n

This is further complicated by the fact that blockchain networks operate globally, <\/strong>meaning that participation in DeFi activities would not fall under any particular country\u2019s regulated financial system or tax laws. And when regulatory standards are created for this sector in one country, platforms may gravitate to countries with less strict protocols. The fact that different countries are at varying stages of regulating the crypto sector is also a challenge, with most crypto-related regulatory frameworks in developing economies<\/a> still relatively lax.<\/p>\n

But wait, how is DeFi actually different from good old fashioned crypto trading? <\/strong>Though users of DeFi contracts handle cryptocurrencies, crypto exchanges are considered a form of CeFi, or centralized finance, in the sense that they are still run by centralized entities that match buyers and sellers, and are subject to KYC (know your customer) protocols, and anti money laundering practices. DeFi sidesteps all of this by facilitating trades through its blockchain hosted contracts. Another key difference is that DeFi facilitates the tokenization of real world assets, creating digital units of commodities, shares, or stock indexes.<\/p>\n

Present regulation:<\/strong> DeFi does not refer to a predefined financial system or regulatory framework, but those that apply to cryptocurrency projects currently also govern DeFi, though they do not go into specifics. Present regulation assumes the presence of intermediaries in trades, which does not apply to decentralized DeFi digital asset classes. DeFi transactions conducted between individual users through \u201cunhosted wallets<\/a>\u201d are also not subject to existing regulatory requirements. \u201cThe regulators are probably scratching their heads on how to handle [DeFi],\u201d says<\/a> crypto exchange Binance CEO Changpeng Zhao, \u201cDo they regulate the guys writing code or do they regulate the blockchain? What\u2019s there to regulate?\u201d<\/p>\n

Regulation in DeFi transactions could pose a radical challenge to modern finance:<\/strong> In its \u201cBitcoin\u2019s Dirty Little Secrets\u201d report in March, Bank of America analysts wrote that DeFi applications are \u201cpotentially more disruptive than bitcoin,\u201d stressing that \u201cnobody reasonably could claim that DeFi has at present been fully stress-tested. How hack-proof would DeFi be if the numbers involved were larger? We simply don't know.\u201d<\/p>\n

We\u2019ll explore how regulators around the world are proposing to pull the reins on the DeFi space <\/strong>in part II of our series, in tomorrow\u2019s EnterprisePM.<\/p>\n","protected":false},"excerpt":{"rendered":"

With regulators' eyes fixed on the potential harms of an unregulated crypto sector, could DeFi be the next frontier for regulation? After the UK banned operations by crypto exchange Binance last month over concerns over loose regulation and high risk for retail investors, decentralized finance could be the next big headache for regulators. A sign […]<\/p>\n","protected":false},"author":1,"featured_media":566764,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9595],"tags":[509,204,344,4263,9253,633,9585,9242],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-566763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-whats-next-2","tag-bank-of-america","tag-banking","tag-cryptocurrency","tag-decentralized-finance","tag-defi","tag-enterprisepm","tag-sec","tag-whats-next","wpautop","entry"],"acf":{"mongo_id":"3e978c8f-2d45-4f56-9cc3-ab1116b31e2b","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/7\/392.jpg","photo_position":"above","related_issue":[566752],"teaser":"","voice_url":""},"yoast_head":"\nSwimming in regulatory uncertainty: DeFi - Part I - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Swimming in regulatory uncertainty: DeFi - Part I\" \/>\n<meta property=\"og:description\" content=\"With regulators' eyes fixed on the potential harms of an unregulated crypto sector, could DeFi be the next frontier for regulation? After the UK banned operations by crypto exchange Binance last month over concerns over loose regulation and high risk for retail investors, decentralized finance could be the next big headache for regulators. A sign […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-12T13:52:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/7\/392.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Swimming in regulatory uncertainty: DeFi - Part I\",\"datePublished\":\"2021-07-12T13:52:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/\"},\"wordCount\":848,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/7\/392.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Bank of America\",\"banking\",\"cryptocurrency\",\"decentralized finance\",\"DeFi\",\"EnterprisePM\",\"SEC\",\"WHAT\u2019S NEXT\"],\"articleSection\":[\"WHAT\u2019S NEXT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/\",\"name\":\"Swimming in regulatory uncertainty: DeFi - Part I - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/7\/392.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-07-12T13:52:15+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/7\/392.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/7\/392.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Swimming in regulatory uncertainty: DeFi – Part I\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Swimming in regulatory uncertainty: DeFi - Part I - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/","og_locale":"en_US","og_type":"article","og_title":"Swimming in regulatory uncertainty: DeFi - Part I","og_description":"With regulators' eyes fixed on the potential harms of an unregulated crypto sector, could DeFi be the next frontier for regulation? After the UK banned operations by crypto exchange Binance last month over concerns over loose regulation and high risk for retail investors, decentralized finance could be the next big headache for regulators. A sign […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-07-12T13:52:15+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/392.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Swimming in regulatory uncertainty: DeFi - Part I","datePublished":"2021-07-12T13:52:15+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/"},"wordCount":848,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/392.jpg?fit=%2C&ssl=1","keywords":["Bank of America","banking","cryptocurrency","decentralized finance","DeFi","EnterprisePM","SEC","WHAT\u2019S NEXT"],"articleSection":["WHAT\u2019S NEXT"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/","name":"Swimming in regulatory uncertainty: DeFi - Part I - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/392.jpg?fit=%2C&ssl=1","datePublished":"2021-07-12T13:52:15+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/392.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/392.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/swimming-in-regulatory-uncertainty-defi-part-i\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Swimming in regulatory uncertainty: DeFi – Part I"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/392.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/392.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/392.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":566788,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/13\/regulators-scratching-their-heads-defi-part-ii\/","url_meta":{"origin":566763,"position":0},"title":"Regulators scratching their heads: DeFi - Part II","author":"enterpriseam admin","date":"13 July 2021","format":false,"excerpt":"We took a look at the emerging decentralized finance space angling to disrupt the finance system in yesterday\u2019s issue of EnterprisePM. But with its rendering of brokerages and middlemen unnecessary, and in the absence of specific legislation targeting transactions, how are regulators proposing to set a framework for this relatively\u2026","rel":"","context":"In "WHAT\u2019S NEXT"","block_context":{"text":"WHAT\u2019S NEXT","link":"https:\/\/enterpriseam.com\/egypt\/category\/whats-next-2\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/413.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557130,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/07\/us-regulators-are-rushing-to-get-a-handle-on-crypto\/","url_meta":{"origin":566763,"position":1},"title":"US regulators are rushing to get a handle on crypto","author":"enterpriseam admin","date":"7 September 2021","format":false,"excerpt":"US regulators are rushing to get a handle on crypto: From \u201cbank-like\u201d institutions that hold and lend digital currency deposits, to the murkier world of decentralized finance \u2014 known as DeFi \u2014 where anonymous traders buy and sell on automated markets, the New York Times reports that US lawmakers have\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543317,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/24\/what-are-daos-and-will-they-upend-traditional-business-structures\/","url_meta":{"origin":566763,"position":2},"title":"What are DAOs and will they upend traditional business structures?","author":"enterpriseam admin","date":"24 January 2022","format":false,"excerpt":"Not just an anarchist\u2019s fantasy: What are DAOs and what do they mean for traditional business structures? Decentralized Autonomous Organizations (DAOs) are online organizations collectively owned and managed by a group of members, with all of its decisions autonomously encoded in blockchain. The decentralized nature of these organizations means they\u2026","rel":"","context":"In "WHAT\u2019S NEXT"","block_context":{"text":"WHAT\u2019S NEXT","link":"https:\/\/enterpriseam.com\/egypt\/category\/whats-next-2\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/502.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558484,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/11\/did-hackers-just-pull-off-the-largest-crypto-heist-in-history\/","url_meta":{"origin":566763,"position":3},"title":"Did hackers just pull off the largest crypto heist in history?","author":"enterpriseam admin","date":"11 August 2021","format":false,"excerpt":"Crypto criminals pull off USD 600 mn heist: The decentralized finance (DeFi) platform PolyNetwork may have been hit with the largest heist in crypto's tumultuous history in a cyberattack that drained more than USD 600 mn worth of cryptocurrency, Bloomberg reports. Details of the incident are still under investigation, but\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":675009,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/06\/the-decentralized-finance-market-faces-mounting-cyber-threats\/","url_meta":{"origin":566763,"position":4},"title":"The decentralized finance market faces mounting cyber threats","author":"enterpriseam admin","date":"6 November 2025","format":false,"excerpt":"Crypto thefts hit USD 2.2 bn in 1H 2025 as hackers exploit weak security across decentralized finance platforms","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/458.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554639,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/01\/how-much-would-you-have-risked-to-get-the-squid-game-jackpot\/","url_meta":{"origin":566763,"position":5},"title":"How much would you have risked to get the Squid Game jackpot?","author":"enterpriseam admin","date":"1 November 2021","format":false,"excerpt":"Squid Game can (not) make you rich: New cryptocurrency Squid Game (ticker: SQUID) surged uncontrollably to hit a peak of USD 2.9k this morning, up more than 300k times its value of USD 0.01 on Tuesday and putting its fully diluted market cap at a staggering USD 2.3 tn \u2014\u2026","rel":"","context":"In "CRYPTO"","block_context":{"text":"CRYPTO","link":"https:\/\/enterpriseam.com\/egypt\/category\/crypto\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/32.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/566763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=566763"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/566763\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/566752"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/566764"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=566763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=566763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=566763"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=566763"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=566763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}