The development of the decentralized finance market (Defi) is limited by several key obstacles, said analysts at the American JPMorgan Bank. The first two: lack of guarantees of compliance with smart contracts and insufficient security safety.

In addition, the tributary of capital is interfered with weak legal protection of investment in blockchain projects, bank experts say. As a result, according to them, while investment funds and corporate investors have gained popularity almost exclusively products based on bitcoin, and the market Defi He is in stagnation.

It remains unclear how the regulatory department will solve the problems of investors who have come from the market of traditional finances and want to invest part of the capital in Defi projects. JPMorgan analysts believe that weak progress in the field of decentralized finance is explained not so much by existing legislative barriers as the lack of “traditional investors” understanding the value of such projects.

Earlier, the General Director of the American Bank Japmorgan Chase, Jamie Dimon, in an interview with CNBC, said that he significantly changed his point of view on digital assets.