Why Decentralised Finance (DeFi) Matters and the Policy Implications

This report provides an explanation of DeFi and its applications and then describes the evolution of DeFi markets to date. It explores the benefits and risks of DeFi and the DeFi/CeFi intersection and puts forward policy considerations.

19 Jan 2022 70 pages English

https://doi.org/10.1787/109084ae-en 9789264621817 (PDF)

Author(s): OECD