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DeFi risks and the decentralisation illusion


What are the risks of DeFi? - FutureLearn

In decentralised finance there is often little recourse if things go wrong. Here, we explore some of the technology risks.

A Guide To Risks In DeFi: Are Exploits A Sign DeFi Is Still Too Risky?

The financial risks are a lot more obvious when it comes to DeFi, and we don't mean losing money due to scams, hacks, exploits and otherwise.

Decentralised Finance: A categorisation of smart contracts

Sebastopol, CA, U.S.. Aramonte, S., Huang, W., and Schrimpf, A. (December 6, 2021). “DeFi risks and the decentralisation illusion.” BIS ...

DECENTRALISED FINANCE (DEFI), TRADING PROTOCOLS AND ...

... Decentralized Finance". 41 See: "bis.org - DeFi risks and the decentralisation illusion". Page 20. 20. IV) New forms of governance: Decentralised Autonomous ...

the bursting crypto bubbles and the destiny of digital finance - BCRA

Source: Bank for International Settlements (2021), “DeFi risks and the decentralisation illusion”, BIS Quarterly Review, December. These procyclical effects ...

Analysing decentralised autonomous organisations (DAOs) - OUCI

Aramonte, S., Huang, W., Schrimpf, A. 2021. DeFi risks and the decentralisation illusion, BIS Quarterly Review December, https://www.bis.org/publ/qtrpdf/ ...

Demystifying DeFi in MiCAR - Lexology

The specifics of each instance will therefore need to be assessed on the degree of decentralisation versus components of centralisation. In the ...

Decentralised finance: the latest generation of crypto-assets

... risks of DeFi. More specific action in this regard is expected ... “DeFi risks and the decentralisation illusion”. BIS Quarterly Review ...

Decentralised finance for cryptoassets built on an illusion, says BIS

Decentralised finance catering for cryptoassets could undermine financial stability if it gained traction and more safeguards are needed, ...

SCIENCE & TECHNOLOGY - Columbia Library Journals

Part IV will recommend federal agency supervision over DeFi lending to address those risks and to promote decentralization of DeFi lending projects. II.

Runaway train? Decentralised finance and the myth of the private ...

According to one view, the decentralisation of finance ['DeFi'] is the next phase in the constitutionalisation of money, while others highlight the actual ...

The distribution and exercise of tokenised voting rights - ORBilu

Aramonte, S., Huang, W., Schrimpf, A., DeFi Risks and the Decentralisation Illusion. 2021 https://www.bis.org/publ/qtrpdf/r_qt2112b.pdf. De Filippi, P ...

Making it through the (Crypto) Winter: Facts, Figures and Policy Issues

Aramonte, S., W. Huang and A. Schrimpf (2021), “DeFi Risks and the Decentralisation Illusion”, BIS Quarterly Review, ...

Demystifying DeFi in MiCAR - PwC Legal

However, Recital 22 of MiCAR (in its current drafting) confuses decentralisation and disintermediation by excluding crypto-asset services only ...

Is DeFi decentralization an illusion? - hernaes.com

For regulators, the decentralized nature of DeFi is somewhat of a headache, as it is cumbersome to regulate something when no single entity is ...

‪Sirio Aramonte‬ - ‪Google Scholar‬

DeFi risks and the decentralisation illusion. S Aramonte, W Huang, A Schrimpf. 195, 2021. Risk taking and low longer-term interest rates: Evidence from the US ...

DeFi: Shadow Banking 2.0?

Sirio Aramonte, Wenqian Huang & Andreas Schrimpf, DeFi Risks and the Decen- tralisation Illusion, BIS Q. ... decentralisation illusion' in DeFi ...

Decentralised finance - Financial Times

BIS challenges 'decentralisation illusion' and suggests changes to bond fund redemptions ... DeFi is a reminder of the risks of unfettered financial engineering.

Is DeFi's Decentralization Just an Illusion? | Video - CoinDesk

... The Hash” team digs into the report and what it illuminates about the potential risks of DeFi. Could open finance undermine financial stability?

The road to institutional DeFi

This dynamic gives rise to the notion of a “decentralisation illusion” in institutional DeFi, ... addressed, which can help mitigate risks and regulatory concerns ...