#126 - Genuine DeFi as Critical Infrastructure: Paper by Rebecca Rettig, Michael Mosier and Katja Gilman

Rebecca Rettig, Michael Mosier and Katja Gilman published their paper, Genuine DeFi as Critical Infrastructure: A Conceptual Framework for Combating Illicit Finance Activity in Decentralized Finance and a summary two-pager. This paper proposes a framework (see Section III) to effectively detect, deter and prevent illicit financial activity in DeFi, while preserving the technology as permissionless, neutral infrastructure.

This podcast is an audio version of the paper, along with key takeaways and points made within it.

[1:40] Overview of the paper

[9:00] Current AML and CTF regime in America

[18:00] Sanctions

[23:00] DeFi and illicit finance

[26:00] Framework for the future of DeFi