DeFi Will Thrive Despite Regulatory Efforts — Fold CEO

Fold CEO Will Reeves believes decentralized finance (DeFi) protocols will prevail against government and corporate attempts to create a restricted digital financial ecosystem. He argues that proposals requiring DeFi integrations of biometric identity checks or other traditional financial regulations will ultimately backfire, mirroring past efforts to control internet information. Reeves predicts that these restrictions will be met with open-source systems’ resilience. }