Oxford Business Law Blog

A decade after the birth of Bitcoin, its governance has become increasingly contentious to the extent that even certain well-known proponents of the cryptocurrency declared that Bitcoin governance is...

Cryptocurrencies and their potential impact on central banking have sparked a policy debate on addressing their potential risks to the banking and monetary systems. By highlighting the functional...

The vulnerabilities in the wholesale funding and in particular short-term (overnight) repurchase agreement (repo) markets were significant sources of systemic risk in the Global Financial Crisis (GFC...

Decentralized, permissionless and blockchain-based cryptocurrencies and their underlying technology are said to have as transformative an impact on value as the invention of the internet had on...

In our recent ECGI-Law working paper, ‘The Law and Economics of Shadow Banking’, we discuss the economic case for regulating shadow banking. Our paper asks three questions. First, what is shadow...