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We develop a dynamic model of decentralized finance (DeFi) lending that incorporates two/these key features: 1) borrowing and lending are decentralized, anonymous, overcollateralized and backed by the market value of crypto assets where contract terms are pre-specified and rigid; and 2)...
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recent developments, we argue that FinTech applications are expected to complement, not to replace, existing banking and … financial services. However, we warn against existing regulatory loopholes and regulatory arbitrage for FinTech applications and … Finanzmarktkrise zu beobachten war, nur kurz währte. In Bezug auf jüngere Entwicklungen argumentieren wir, dass FinTech …
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system. This book analyses how the development of cryptocurrencies based on blockchain distributed ledger technologies has …
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The rise of financial technology (fintech) driven business models in banking poses a challenge for financial regulators … encouraged by regulators, the nature of fintech business models may increase the risk of financial instability. Regulators are … resolving the dilemma that is evaluated in the context of the regulatory response to the rise of fintech credit in the …
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financial transactions with FINTECH are increasingly apparent. Consequently, in our opinion, the utilization of FINTECH … with FINTECH can save up customers' pecuniary funds. Therefore, during crises, FINTECH applications can be perceived as … utilization of financial transactions with FINTECH before and after the COVID-19 crisis outbreak. The aim of the article is to …
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Fintech has increasingly become part of the global economy with the evolution of technology, increasing investments in … fintech firms, and greater integration between traditional incumbent financial firms and fintech. Since the 2007 … risk. As fintech grows, so too should the concern about its possible impact on systemic risk. This paper analyzes two …
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