DeFi is Dying: Is This Centralised Government Fighting Back?

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Decentralized Finance (tagged DeFi) has its own traditional problems which are dealing huge blows to many innovations. From reputations to risk to over-leverage to crimes, DeFi has slowed down from the buzz we knew it to be. However, there's another inherent problem, a plague which DeFi will have to survive in order to survive at all: anti-DeFi regulations.

In Nigeria, the Federal Government is grinding Binance, demanding for list of identities of top traders on the platform, accusing the pla…

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