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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.

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