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Federal Reserve Governor Waller presented his views on decentralized finance at the Vienna Macroeconomics Symposium held at the Vienna Institute of Advanced Study in Austria. He stated that DeFi related advances could have a profound impact on financial market transactions, improving efficiency and bringing significant value to financial intermediaries and centralized financial markets over the centuries. Waller added that centralized finance has clearly brought benefits to people, but it has also brought some costs. @eusebiudursache