🚀 Coinbase CEO Brian Armstrong defends #DeFi against CFTC! 🛡️

- Armstrong believes CFTC shouldn't target DeFi protocols

- Claims they're not financial service businesses

- CFTC disagrees, says unlawful transactions don't become lawful via smart contracts

🤔 Does DeFi live up to its name?

- Some users argue DeFi protocols ARE financial services

- Others say if a protocol can be taken to court, it's not truly decentralized

💬 What do you think? Are DeFi protocols truly decentralized? Should CFTC back off? Share your thoughts below! 👇