Abstract
Decentralized finance (“DeFi”) has become a cornerstone of crypto-asset markets since 2020. While most academic studies focus primarily on technological impacts, this paper is rather based on the factual observation that corporations are struggling to use decentralized protocols at a larger scale mainly for governance, compliance and operational reasons. It provides insights about greater interactions between centralized finance and decentralized finance in the near future and about the governance and operational tools that could be developed to foster the use of DLTs for more efficient digital markets.
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CITATION STYLE
Blemus, S. (2023). The Compatibility of CBDCs with “DeFi” Protocols: A Governance Rather Than a Technological Issue to Comply with Financial Crime Regulations. In Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics) (Vol. 13412 LNCS, pp. 97–105). Springer Science and Business Media Deutschland GmbH. https://doi.org/10.1007/978-3-031-32415-4_8
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