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Decentralized Exchange dYdX Relocates to Avoid US Regulators

source-logo  coingape.com 02 April 2024 08:28, UTC

The decentralized exchange dYdX has announced its plans to restructure operations by setting up a legal entity in the Cayman Islands. This legislation coincides with the rising regulatory scrutiny by U.S. authorities towards DeFi protocols.

coingape.com