Arkansas Securities Department Issues Decentralized Finance Advisory
As part of its ongoing effort to raise investor awareness, the Arkansas Securities Department has issued an investor advisory discussing Decentralized Finance (DeFi), a relatively new blockchain-based set of financial services gaining popularity and acceptance. The advisory explains what DeFi is, the technology behind it, how DeFi lending works, potential risks for investors, and how consumers can avoid becoming a victim to a scam.
A copy of the Advisory on DeFi can be found here.