Decentralised Finance: What is it and how is it regulated in South Africa?

What is Decentralised Finance? Decentralised Finance (DeFi for short) is a financial system built on public blockchains such as BitCoin and Ethereum.  Blockchains refer to a list of data records that work as a decentralised digital lender.  The data in a specific blockchain is organised into blocks, which is chronologically arranged and secured by cryptography.  The oldest and safest blockchain [...]