Blockchain for Europe, together with Bitcoin Association Switzerland, the Blockchain Association, CryptoUK, INATBA & ACCESS, signed an open letter outlining guiding principles for the regulatory approach of Decentralised Finance (DeFi).

This global effort is aiming to contribute to the regulatory process by outlining the benefits of DeFi, explain decentralised protocols and applications (DApps), as well as to describe the role of smart contracts.