Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin shared some controversial ideas concerning the ongoing trend in the decentralized finance (DeFi) space to comply with the know-your-client (KYC) regulations imposed on traditional finance.
What Happened: Speaking at the recent ETHDenver conference, Buterin said that he opposes imposing KYC on DeFi users since "privacy is important" and suggested that it is also discriminatory since it precludes access to the services to some people simply based on where they were born, adding that "inclusion is important."
