Can Compliant DeFi Be Realized in Japan? — SMBC Nikko on the Current State of Its 'DeFi Gateway'
- Japanese investors can currently use overseas DeFi platforms just by preparing a crypto wallet, with no domestic regulatory gatekeeping.
- A key risk is that if assets are lost due to hacking, there is frequently no identifiable, accountable operator to hold responsible.
- SMBC Nikko Securities explains its 'DeFi Gateway' project, which seeks to establish a regulation-compliant DeFi framework for use in Japan.
