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What is DeFi?
Decentralized Finance (DeFi) is widely associated with the new future of finance and is believed to be a new concept that the industry is growing into. The appeal of DeFi to replace traditional financial institutions and services and build a new monetary paradigm is a hot topic, and the emergence of a new way to deal with digital assets is one worth exploring. Parfin, Gnosis Safe, Hex Trust and GK8 in business: MetaMask expands offer for customers due to new partners
Managing a decentralized finance wallet (DeFi. ed.) and browser extension, MetaMask was able to reach agreement on partnerships with major players in the crypto industry. Currently the company is integrating Parfin, Gnosis Safe, Hex Trust and GK8 to expand offerings for its customers. “Fiscal risk is extremely minimal”. Finance Minister of El Salvador speaking about the fall of BTC
Another round of the crypto market and the key digital currencies collapse caused particular concern among representatives of countries that officially made Bitcoin a means of payment. The Minister of Finance of El Salvador, Alejandro Zelaya, was the first to rush to reassure the public. The Reserve Bank of India said about the danger of “dollarization” of the economy when using digital currencies
Digital currencies can cause a partial “dollarization” of the Indian economy, which does not correspond to the state’s sovereign interests. The management of the Reserve Bank of India (RBI) made such an announcement as part of a briefing for the Parliamentary Committee on Finance. Australia will penalize for unscrupulous advertising of crypto-exchanges
ASIC (Australian Securities and Investments Commission) stated that financiers who promote cryptocurrency projects can provoke people for reckless investment of assets. The country establishes liability for this. Influential people from the world of finance were warned about it by ASIC. 

