Decentralized finance: Innovations and challenges

Jonathan Chiu and Hanna Yu

No 2023-15, Staff Analytical Notes from Bank of Canada

Abstract: Decentralized finance surged in popularity around 2020. We explore its value and limitations and highlight some potential regulatory concerns.

Keywords: Digital currencies and fintech; Financial stability; Payment clearing and settlement systems (search for similar items in EconPapers)
JEL-codes: G1 G2 (search for similar items in EconPapers)
Date: 2023-10
New Economics Papers: this item is included in nep-ban and nep-pay
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Persistent link: https://EconPapers.repec.org/RePEc:bca:bocsan:23-15

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