Popular decentralised finance (DeFi) platform MakerDAO has updated its terms of service, advising against using virtual private networks (VPNs) to get around the company’s restrictions on US users. Regulators have raised concerns about Maker’s attempts to restrict access to its businesses within the US, which has led to the installation of recent steps in response. US clients who have been actively using the platform for crypto lending and borrowing would suffer as a result of the decision. According to experts, the transfer will cause MakerDAO consumers to leave and look for alternatives on other DeFi platforms.
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Maker blocks US customers from using the platform for crypto loans!
