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Policy Paper
125 pages, 4M
February 2025

Embedded supervision of decentralized finance

This report presents the outcome of the study undertaken by IBM Promontory for the European Commission on embedding supervision in the decentralized finance (DeFi). The project comprised four distinct phases: identifying use cases and protocols to assess, defining elements of comparison (benchmarks) to supervision in traditional finance (TradFi), developing a software application to collect data from the ledger, and analysing the collected data to assess the potential of embedded supervision. After analysing four use cases and eight protocols,

Source: op.europa.eu