Banks without borders: can DeFi operate with regulatory oversight? -

In a world where financial inclusion, autonomy and digital innovation are reshaping the global economy, decentralised finance (DeFi) has emerged as one of the most compelling and controversial forces of change. Born out of blockchain technology, DeFi challenges the centuries-old dominance of traditional banking institutions by enabling borderless, permissionless access to financial services. But can such a system thrive under the watchful eye of regulators? And how might Bitcoin-backed banking systems offer a middle ground between freedom and oversight?

The top ten publicly quoted companies which hold Bitcoin

Source: Teamblockchain/Bitcoin treasuries by BitBo

DeFi refers to a suite of blockchain-based protocols that provide services such as lending, borrowing, trading and saving without intermediaries. But, unlike traditional banks that operate under strict licensing and jurisdictional constraints, DeFi platforms are inherently global and digital. Powered by smart contracts on public blo…