Traditional financial institutions are actively pushing back against the rise of decentralized finance. As DeFi protocols continue gaining traction in the crypto space, legacy financial players see it as a direct threat to their business model. The struggle between centralized banking systems and decentralized finance represents more than just market competition—it's a fundamental clash between two opposing financial philosophies. While established institutions lobby to maintain their grip, DeFi enthusiasts argue this new financial paradigm offers greater transparency, accessibility, and user control than ever before.
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Traditional financial institutions are actively pushing back against the rise of decentralized finance. As DeFi protocols continue gaining traction in the crypto space, legacy financial players see it as a direct threat to their business model. The struggle between centralized banking systems and decentralized finance represents more than just market competition—it's a fundamental clash between two opposing financial philosophies. While established institutions lobby to maintain their grip, DeFi enthusiasts argue this new financial paradigm offers greater transparency, accessibility, and user control than ever before.