Blockchain knows no borders: How can global governance meet the challenge?

The latest report from the OECD’s Global Blockchain Policy Forum underlines the opportunities for blockchain to support cross-border economic activity, and the need for international cooperation to realise these benefits and mitigate risks to global governance. OECD’s Oliver Garrett-Jones unpacks what this means for governments and industry, and where international efforts are headed.

Not-so-stable coins: a double-edged sword for decentralised finance and the key bridge linking DeFi to TradFi

Institutional investors are increasingly participating in digital asset markets and this can pose investor risks at the micro-level while potentially creating channels of contagion between DeFi and traditional finance (TradFi). OECD’s Iota Nassr considers the multitude of potential risks involved in the growing crypto-asset and DeFi markets and the role policy makers can play to evaluate and address these risks.

From “DeFi summer” to “crypto winter”: leverage, liquidations and policy implications

Decentralised Finance or ‘DeFi’ is the latest development in the crypto-asset space, and claims the potential to replicate the traditional financial system in an open, decentralised, permissionless and autonomous way, through applications built on the blockchain. Given the rapid growth of DeFi and commensurate risks, OECD’s Iota Nassr highlights why policy makers need to monitor this market closely and eventually take action to mitigate emerging risks.