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05 April 2023

Breugel's Demertzis, Martins: Decentralised finance: good technology, bad finance

  • The emergence of cryptocurrencies/crypto assets has allowed the provision of a new form of financial services, including payments and loans, known as decentralised finance (DeFi). Crypto assets currently represent only about 1 percent of total global financial assets and it is unlikely, in its...
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