Decentralized finance is often quite centralized. These misconceptions contribute to the fast growth of crypto-assets. And this is without even going into cybersecurity and money laundering issues. So at the moment, we are investigating with central banks worldwide what is needed to keep the risks from crypto-assets in check, and what that means for regulation.
Regulators also arrange conference calls and have informal contact, as well as more formal arrangements such as information-sharing memoranda of understanding.