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Bangkok Post
Bangkok Post
Business

EXPLAINED: Warning issued over defi transactions | Vintage Vibes

The SEC statement warns that DeFi transactions carry a number of risks, including risks from the products and services which can be complicated.

The Securities and Exchange Commission (SEC) is warning investors to exercise caution when making decentralised finance (DeFi) transactions, saying there are risks and they do not fall under the supervision of the country's regulators.

In a statement issued on Wednesday, the SEC said DeFi services and investments are becoming more and more popular, especially DeFi that offers deposit taking and lending services.

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