We’re excited to announce the integration of decentralized exchange protocols, sunsetting our traditional business of trading with customers and KYC practices. 🦊🦊🦊
— ShapeShift 🦊 (@ShapeShift_io) January 6, 2021
Companies looking to bake DeFi into their offerings should first take a good hard look at the regs. There's a big difference between, say, developing software that doesn't implicate MSB reg versus, say, operating part of an unregistered MSB that happens to have a DeFi backend.
— Preston Byrne (@prestonjbyrne) January 6, 2021