20 Jun 2023
Need Cash in a Flash?
Review this practice note exploring flash loans and their history, use cases, and potential vulnerabilities. Flash loans are a decentralized finance tool that permits issuance of an instantaneous uncollateralized loan of cryptocurrency for a short period of time. Effectively peer-to-peer borrowing, flash loans involve the lending of money to a borrower based on the terms of a governing smart contract that is logged in the blockchain.
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Read this practice note providing an overview of blockchain. It explores blockchain and possible regulatory responses to the technology.
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