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Recent BitMEX Crackdown Will Boost DeFi: Industry Insiders

The recent BitMEX crackdown will only boost DeFi as it showed once again that decentralization is the way to move forwards for those offering crypto-related services according to a few industry insiders. In our latest blockchain news, we discuss some more. According to the Defi-focused newsletter The Defiant, the charges against BitMEX by the Commodity Futures Trading Commission will only boost the Defi space and will push more crypto projects into decentralization. The Newsletter quoted Jake Chervinsky who is a general counsel at Compound Finance saying that the latest complaints against BitMEX will not apply to all DeFi protocols as…

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