Welcome to the conversation, that is the marketed point, but it is far from the truth.
Can you name a defi service that cannot be regulated?
- If the founder is public they can be served
- If they've accepted outside capital like VC funding then they have ties to a centralised services like banking and their LPs
- If they have centralised stablecoins like USDC/USDT their smart contract can be blacklisted from using those assets
- If they run their services on could provider like AWS of which most do they can be shut down
DEFI is decentralised in name only