This report examines the potential of public permissionless blockchains to enhance traditional financial services. It highlights the key advantages of utilizing an open base layer, including transparency, inclusivity, and increased competition, while addressing critical challenges such as...

Zusammenfassung: "This book introduces the reader to cryptocurrencies and blockchain technology. It focuses on Bitcoin, the most popular cryptocurrency, but discusses others such as Ethereum and even includes a short discussion of Libra, Facebook's recently announced crypto offering. Unlike...

This article explores non-custodial crypto asset mixers such as Tornado Cash. We analyze what types of mixers exist and how they work. We discuss opportunities and risks and offer an approach, based on voluntary disclosure, that would allow financial market regulators to combat money laundering...