“监管不确定性仍然是Defi的最大问题之一”

SilentsWap隐私权交易平台的创始人Shibtoshi概述了几个问题，这些问题使机构犹豫不决地采用分散融资（DEFI）解决方案，包括隐私

Shibtoshi, the founder of the privacy-preserving trading platform SilentSwap, has outlined several concerns that make institutions hesitant to adopt decentralized finance (DeFi) solutions.

隐私贸易平台Silentswap的创始人Shibtoshi概述了一些问题，这些问题使机构犹豫不决地采用了分散的财务（DEFI）解决方案。

In an interview with Cointelegraph, Shibtoshi, who prefers to be known by his pseudonym, discussed the challenges posed by privacy, a lack of standardized compliance regulations, and legal accountability in the rapidly evolving decentralized finance landscape.

在接受Cointelegraph的采访时，志赛（Shibtoshi）更喜欢以自己的化名而闻名，讨论了隐私所带来的挑战，缺乏标准化的合规法规以及在快速发展的分散财务环境中的法律责任制。

Shibtoshi explained that the high transparency of onchain transactions presents a problem for companies that must conceal sensitive information, including trading strategies, payroll information, and business-to-business agreements.

Shibtoshi解释说，OnChain交易的高透明度给必须隐藏敏感信息的公司带来了一个问题，包括交易策略，工资信息和企业对企业协议。

“Imagine a large institution having to broadcast its complete payroll on a public blockchain explorer for all to see. Or, imagine a hedge fund having to reveal its entire trading strategy with every transaction made on a decentralized exchange,” he said.

他说：“想象一个大型机构必须在公共区块链探险家上广播其完整的工资单，以便所有人看到。

Regulatory uncertainty continues to be one of the biggest problems for DeFi and is compounded by a fragmented approach across legal jurisdictions, which prevents institutional adoption, Shibtoshi added.

Shibtoshi补充说，监管不确定性仍然是DEFI最大的问题之一，并且在法律管辖区的一种零散的方法使制度采用的方法变得更加复杂。

“Are DeFi tokens securities? What happens if a decentralized autonomous organization (DAO) messes up — and who is responsible when it does? It is all still pretty unclear,” the SilentSwap founder said.

SilentsWap创始人说：“ Defi令牌证券是否？如果一个分散的自主组织（DAO）搞砸了会发生什么事，谁在做到这一点，谁负责？这仍然不清楚。” SilentsWap创始人说。

Shibtoshi urged common sense regulations that encourage innovation and preserve the value propositions of decentralized finance, including self-custody, speed, and cost-effective transactions.

Shibtoshi敦促鼓励创新并保留分散财务的价值主张，包括自我顾客，速度和具有成本效益的交易。

The total value locked across the DeFi ecosystem has not yet returned to peak levels witnessed in 2021 and 2022. Source: DeFiLlama

锁定在Defi生态系统上的总价值尚未返回到2021年和2022年见证的峰值水平。资料来源：Defillama

Both chambers of the United States Congress recently voted to overturn the highly unpopular DeFi broker rule requiring decentralized finance protocols and platforms to report customer transactions to the Internal Revenue Service (IRS).

美国国会的两个议会最近都投票决定推翻高度不受欢迎的经纪人规则，要求分散的财务协议和平台向国税局（IRS）报告客户交易。

The US Senate repealed the IRS broker rule in a 70 to 27 vote on March 4, followed by members of the US House of Representatives voting to repeal the IRS rule on March 11.

美国参议院在3月4日的70票对27票中废除了美国国税局经纪人统治，随后是美国众议院议员投票决定在3月11日废除IRS规则的成员。

Despite the optimistic news concerning the fate of the archaic rule, overregulation may end up killing a sector that was born as a decentralized, more accessible, and pseudonymous alternative to traditional finance.

尽管对古老规则的命运有乐观的消息，但过度监管可能最终杀死了一个作为分散，更容易获得的传统金融替代方案出生的部门。

According to crypto entrepreneur and investor Artem Tolkachev, regulatory compliance is undermining decentralization in DeFi and destroying the value proposition of the nascent sector.

根据加密企业家和投资者Artem Tolkachev的说法，监管合规性正在破坏异化和破坏新生部门的价值主张的权力下放。

The emphasis on regulatory compliance measures increases the potential for censorship and shifts control from the users to third-party intermediaries and large institutions, Tolkachev wrote.

托尔卡乔夫写道，对监管合规措施的强调增加了审查制度的潜力，并将控制权从用户转移到第三方中介机构和大型机构。