Zetzsche, Dirk; Arner, Douglas W.; Buckley, Ross P. - 2020
control. Rather than eliminating the need for regulation, in fact DeFi requires regulation in order to achieve its core … cases. Furthermore, DeFi potentially offers an opportunity for the development of an entirely new way to design regulation … – the ideas of 'embedded supervision' and ‘embedded regulation' – building regulatory approaches into the design of DeFi …