The BIS, an umbrella group for central banks, says DeFi is built on a “decentralization illusion” and should be “properly regulated” to safeguard investors (Ryan Browne/CNBC)

Ryan Browne / CNBC:
The BIS, an umbrella group for central banks, says DeFi is built on a “decentralization illusion” and should be “properly regulated” to safeguard investors  —  – The Bank for International Settlements, an umbrella group for central banks, says it’s concerned there’s a “decentralization illusion” in DeFi.