Over the course of 2025, Global Blockchain Business Council (GBBC)’s Global Standards Mapping Initiative (GSMI) 6.0 produced 7 in-depth reports and industry recommendations, including a spotlight on DeFi.
Read the GSMI 6.0 report “DeFi Governance: Setting the Path for Future Growth” here.
GBBC’s Diana Oreto (Barrero Zalles), Head of GSMI and Research, joined GSMI 6.0 Decentralized Finance (DeFi) Working Group co-chairs Lee Schneider (Ava Labs) and Joseph Cutler (Perkins Coie) to break down the critical difference between protocol-layer decentralization and application-layer governance concentration, while addressing the key regulatory and liability questions surrounding blockchain.
Tune into the full conversation here.
In 2026, GSMI 7.0 launched with new working groups that will provide a series of open-access resources on the latest trends in the space.
Learn more about GSMI.

