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DeFi Ledgers Can Help Regulators Oversee Sector, BIS Official Says

A new BIS working paper makes a case for "embedded supervision" that argues regulatory oversight can be built into seemingly untamable decentralized finance systems.

By Sandali Handagama, Jack Schickler

Updated May 11, 2023, 6:30 p.m. Published Jun 1, 2022, 2:26 p.m.

Raphael Auer, head of the BIS Innovation Hub's Eurosystem Centre, argues that "embedded supervision" can change the game for DeFi regulation. (BIS)