Uluslararas\u0131 \u00d6demeler Bankas\u0131 (BIS), merkezi olmayan finans\u0131n (DeFi) finansal sistem i\u00e7in bir endi\u015fe kayna\u011f\u0131 oldu\u011funu s\u00f6yl\u00fcyor.<\/p>\n\n\n\n
Parasal ve finansal istikrar\u0131 sa\u011flamak i\u00e7in merkez bankalar\u0131n\u0131 k\u00fcresel olarak destekleyen uluslararas\u0131 finans kurulu\u015fu\u00a0, DeFi’nin yat\u0131r\u0131mc\u0131lar\u0131 yeterince koruyamad\u0131\u011f\u0131n\u0131 ve kara para aklamaya a\u00e7\u0131k oldu\u011funu\u00a0s\u00f6yl\u00fcyor<\/a>\u00a0.<\/p>\n\n\n\n Uluslararas\u0131 \u00d6demeler Bankas\u0131’na g\u00f6re, DeFi “\u00f6nemli finansal g\u00fcvenlik a\u00e7\u0131klar\u0131na” e\u011filimlidir. BIS, \u00f6deme g\u00fcc\u00fcyle ilgili endi\u015felerin, sabit paralar gibi fiat sabitli kripto varl\u0131klar\u0131n\u0131 etkileyebilece\u011fini, bu durumun b\u00fcy\u00fck e\u015fzamanl\u0131 para \u00e7ekme i\u015flemlerine ve nihayetinde temerr\u00fcde yol a\u00e7abilece\u011fini s\u00f6yl\u00fcyor.<\/p>\n\n\n\n \u201cAyn\u0131 zamanda, birinci dereceden kara para aklama ve yat\u0131r\u0131mc\u0131 koruma endi\u015felerine yol a\u00e7man\u0131n yan\u0131 s\u0131ra, DeFi \u00f6nemli finansal g\u00fcvenlik a\u00e7\u0131klar\u0131 sergiliyor.\u00a0Bunlar, daha geleneksel finans bi\u00e7imlerindekilerle paralellik g\u00f6sterir, ancak bunlar\u0131 a\u015far.<\/strong><\/em><\/p>\n\n\n\n \u00d6rne\u011fin, sabit paralar \u2013 DeFi \u00e7arklar\u0131 aras\u0131ndaki ya\u011f \u2013 klasik ko\u015fulara tabidir: s\u0131v\u0131 taleplerinin daha az likit rezerv <\/strong>varl\u0131klar\u0131yla desteklenmesi, yat\u0131r\u0131m fonu end\u00fcstrisindeki itfalardan kaynaklanan a\u015fa\u011f\u0131 y\u00f6nl\u00fc fiyat sarmallar\u0131na dokunabilir.\u201d<\/strong><\/em><\/p>\n\n\n\n Son dakika geli\u015fmelerden an\u0131nda haberdar olmak i\u00e7in bizi\u00a0<\/em>Facebook<\/em><\/strong><\/a>\u00a0,\u00a0<\/em>Twitter<\/a><\/em><\/strong>\u00a0ve\u00a0Telegram<\/strong><\/a>\u00a0kanal\u0131m\u0131zdan takip edebilirsiniz<\/em>.<\/p>\n\n\n\n Bank for International Settlements, kripto ekosistemindeki risklerin geleneksel finansa yay\u0131l\u0131p yay\u0131lmayaca\u011f\u0131n\u0131n belirsiz olmas\u0131na ra\u011fmen, olas\u0131l\u0131\u011f\u0131n \u201ck\u00fc\u00e7\u00fcmsenmemesi\u201d<\/em><\/strong> gerekti\u011fini s\u00f6yl\u00fcyor.<\/p>\n\n\n\n \u201cKripto ekosisteminde, riskler \u015fimdiye kadar \u00e7o\u011funlukla seyrek g\u00f6r\u00fclen ve b\u00fcy\u00fck fiyat d\u00fc\u015f\u00fc\u015fleri ortaya \u00e7\u0131kt\u0131.\u00a0Bu t\u00fcr k\u0131r\u0131lganl\u0131klar\u0131n bu ekosistemle s\u0131n\u0131rl\u0131 m\u0131 yoksa geleneksel olana m\u0131 yay\u0131laca\u011f\u0131 hen\u00fcz belli de\u011fil.<\/strong><\/em><\/p>\n\n\n\n Ancak, \u00f6zellikle stabilcoin d\u00fczenlemelerinin kendileri \u00f6nemli ba\u011flant\u0131lar olu\u015fturabilece\u011finden, yay\u0131lma potansiyeli hafife al\u0131nmamal\u0131d\u0131r.\u00a0Tarihin de onaylad\u0131\u011f\u0131 gibi, katlanarak b\u00fcy\u00fcyen herhangi bir \u015feyin kendi kendine yetmesi pek olas\u0131 de\u011fildir ve bu nedenle en yak\u0131n ilgiyi hak eder.\u201d<\/strong><\/em><\/p>\n\n\n\n