Centralised finance

Cryptoassets - cryptocurrencies.

(CeFi).

CeFi is a service that facilitates the lending and borrowing of cryptoassets through a central exchange.

Contrasted with decentralised finance (DeFi).

See also

• Altcoin
• Bank of England
• Bitcoin
• Blockchain
• Contagion
• Crypto
• Cryptoassets
• Cryptocurrency
• Cryptography
• Decentralised finance (DeFi)
• Digital asset
• Exchange
• Fiat currency
• Finance
• Financial stability
• Intrinsic value
• Monetary policy
• Money
• Non-fungible token
• Prudential
• Ripple
• Stablecoin
• Token
• Unbacked
• Volatility

External link

• Is 'crypto' a financial stability risk? - Bank of England - Jon Cunliffe, Deputy Governor, Financial Stability - October 2021