Embedded supervision: how to build regulation into decentralised finance

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Embedded supervision: how to build regulation into decentralised finance

BIS Working Papers | No 811 | 16 September 2019by Raphael AuerPDF full text (960kb) | 31 pagesFocusHow might so-called decentralised finance (DeFi) be regulated and supervised? This paper argues that asset tokenisation and the underlying distributed ledger technology (DLT) open up new ways of supervising financial risks.

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