Nozim Mehrubonov

A Banco de Portugal Occasional Paper on Decentralized Finance Decentralised Finance (DeFi) has gained significant attention in recent years. It aims to replicate the functions of the traditional financial system in a disintermediated way leveraging on the interplay between blockchain technology, smart contracts and stablecoins. This paper provides an overview of the underlying components of this relatively new ecosystem, as well as its associated risks from the perspective of a financial supervisory authority. While DeFi inherits the risks present in traditional finance, some of these risks could be amplified due to the lack of a clear regulatory framework and the intrinsic features of the DeFi space. Therefore, this paper also takes a closer look at the regulatory challenges involved, including the promise of self-regulation, and explores potential avenues for addressing these challenges without stifling the innovation that DeFi can foster.

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↪️ Yesterday, we hosted the session "Blockchain, Bitcoin and Cryptoassets", led by our colleague Pedro Reis Colaço. 📈 The workshop focused on #blockchain technology, which has been transforming the internet. We explored #Bitcoin and its role as "digital gold," alongside other blockchains and cryptoassets, highlighting real-world use cases. 🌐 The talk provided a clear view of a constantly evolving landscape. #TogetherWeAreCloser

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Crypto startup Bleap, co-founded by Joao Alves and Guilherme Gomes, has raised $2.3 million in pre-seed funding led by Ethereal Ventures, joined by investors such as Maven 11, Alliance DAO, Robot Ventures, and Credibly Neutral. The U.K.-based firm is innovating with its Mastercard-linked debit card, enabling stablecoin payments without conversion fees and offering cashback. Denis Omelchenko | crypto.news https://lnkd.in/ducmDWcQ #Crypto #Cryptocurrencies #Cryptocurrency #Blockchain

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San Francisco-based Movement Labs is close to securing a $100 million Series B funding round co-led by CoinFund and Nova Fund. The fresh capital will allow Movement Labs to enhance its blockchain infrastructure, integrating Facebook’s Move Virtual Machine with Ethereum.

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🚨BCR Podcast #100 is live featuring Yan Martins, co-founder of Hathor Network, recorded onsite at Web Summit Rio Key themes in this conversation: - Hathor's unique approach to blockchain scaling that combines the performance of a Directed Acyclic Graph with the security of a traditional blockchain structure - How Brazil's B3 stock exchange and Vórtx QR Tokenizadora are using Hathor infrastructure for tokenization projects - How the Hathor network uses the same mining algorithm as bitcoin, allowing for merge mining and tapping into Bitcoin's vast mining infrastructure for enhanced security - Hathor's upcoming EVM bridge 🎙Links to full episode in the comments 👊 Be sure to follow Brazil Crypto Report for more news, interviews and analysis exploring this exciting digital asset ecosystem

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Cardano developer Input Output (IOHK) and Hedera have joined Algorand Foundation, Hashgraph, Ripple and XRPL Labs as the final Founding Members of the Decentralized Recovery Alliance, with two-year seats on the Technical Oversight Committee where they will provide input on governance and core Alliance policies. #DeRecAlliance DLT Science Foundation, HashPack, Oasis and Palisade, Inc. have joined as Alliance Members to advance the DeRec Alliance’s mission of creating a decentralized, interoperable recovery standard to facilitate the widespread adoption of #crypto and #web3. We look forward to working alongside these new members to further drive our collaborative, multi-chain efforts to develop an #OpenSource, industry-standard protocol that makes #DigitalAsset recovery seamless and secure—creating a safer and more accessible web3 ecosystem for all. Learn more: https://lnkd.in/eVvpV--Z

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🔥 Palisade is thrilled to join the Decentralized Recovery Alliance (DeRec) as the first regulated custodian! 🔐 Tom Kiddle, Our Co-founder, shares “This is a critical step for us at Palisade, signalling to the industry that we are passionate about safeguarding assets and private keys—not just for our clients, but across the entire ecosystem.” We're excited to work with industry leaders to make Web3 more secure, accessible, and ready for mass adoption. 🌐 #Web3 #Blockchain #DigitalAssets #Crypto #CryptoSecurity

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Welcome Input Output (IOHK) and Hedera to the Decentralized Recovery Alliance (DeRec)! Input | Output, developers of Cardano, and Hedera, are joining Algorand Foundation, Hashgraph, Ripple and XRPL Labs, as the final Founding Members of the DeRec Alliance. Together, we are advancing the #DeRecAlliance's mission of creating an interoperability recovery standard to facilitate the widespread adoption of crypto and other assets. Algorand Foundation CTO, John Woods, further emphasizes the importance of the alliance. "We co-founded the DeRec Alliance as part of our mission to improve the UX for the entire ecosystem, from regular users to developers, delivering a better, more accessible, and more secure experience for all. Streamlined key recovery is vital, as is further decentralization of other important infrastructures."

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📣 Calling all crypto fans! Today's the day. We'll be chatting to journalist and crypto expert, Pedro Solimano, about where the cryptocurrency trend is taking us, what countries are the best for crypto investors, and how to manage your digital assets with care. When? Today at 4 pm, London time Jump in using this streaming link 🎥 https://lnkd.in/d6_AvDNx #Crypto #Investing #LiveStream #CryptoFriendly #CryptoInvesting #GlobalInvestment

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