Update
UK FCA Rules Risk Blocking Regulated Access to DeFi
Coinbase's Katie Harries argues that the UK's Financial Conduct Authority (FCA) proposed crypto rules risk effectively banning regulated access to decentralized finance (DeFi). The FCA's requirement for regulated platforms to ensure customer orders are only executed on an FCA-authorized venue could make it impossible for regulated providers to offer DeFi integrations to their customers, potentially blocking off access to DeFi.