Financial and Monetary Systems

What do sanctions mean for the future of decentralized finance?

Jul 12, 2022

Decentralized finance has been heavily criticised for its role in potentially enabling Russia to undermine sanctions.

Decentralized finance has been heavily criticised for its role in potentially enabling Russia to undermine sanctions. Image: REUTERS/Nacho Doce.

Alisa DiCaprio

Chief Economist, R3

Share:

The Big Picture

Explore and monitor how Financial and Monetary Systems is affecting economies, industries and global issues

A hand holding a looking glass by a lake

Crowdsource Innovation

Get involved with our crowdsourced digital platform to deliver impact at scale

Stay up to date:

Financial and Monetary Systems

Listen to the article

Discover

How is the World Economic Forum promoting the responsible use of blockchain?

Have you read?

What do sanctions help achieve? An expert explains

Have you read?

When it comes to CBDCs, we need public-private cooperation

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:

Financial and Monetary Systems Blockchain

Share:

Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

More on Financial and Monetary Systems
See all

Climate economy models not fit for purpose, critics say - and other economy stories to read this week

Rebecca Geldard

November 24, 2023

What are green bonds and why is this market growing so fast?

Patrick Henry and Madeleine North

November 22, 2023

Here's why Africa is the world leader in digital and mobile banking

Andrea Willige

November 21, 2023

Speaking Gen Z: How banks can attract young customers

Bob Wigley and Rupal Kantaria

November 17, 2023

Global economic growth to slow in 2024, and other economics news to read this week

Rebecca Geldard

November 17, 2023

Shaping the Future of Cross-Border Fast Payment Systems: Revolutionizing Transactions in South-East Asia

Nov 17, 2023