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DeFi’s Decentralization Is an Illusion: BIS Quarterly Review

The BIS review dedicated a special feature to discussing decentralized finance and its implications for financial stability.

By Sandali Handagama
Updated May 11, 2023, 6:31 p.m. Published Dec 6, 2021, 8:31 p.m.
The headquarters of the Bank for International Settlements (BIS) is seen in Basel, Switzerland, on Tuesday, June 25, 2013. Central banks can't expand loose monetary policy without exacerbating risks to world economies, the Bank for International Settlements said this week. Photographer: Gianluca Colla/Bloomberg via Getty Images
The headquarters of the Bank for International Settlements (BIS) is seen in Basel, Switzerland, on Tuesday, June 25, 2013. Central banks can't expand loose monetary policy without exacerbating risks to world economies, the Bank for International Settlements said this week. Photographer: Gianluca Colla/Bloomberg via Getty Images

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