Challenges and Approaches to Regulating Decentralized Finance

Decentralized finance (DeFi) is an ecosystem of financial applications that are built on top of blockchain networks. DeFi aims to create an open-source, permissionless, and transparent financial system that operates without any central authority. Instead, a smart contract—which is a self-executing c...

Full description

Bibliographic Details
Main Author: Iwa Salami
Format: Article
Language:English
Published: Cambridge University Press 2021-01-01
Series:AJIL Unbound
Online Access:https://www.cambridge.org/core/product/identifier/S2398772321000660/type/journal_article