Blockchain Finance: Questions Regulators Ask

International Finance Review (2019)

8 Pages Posted: 23 Sep 2018 Last revised: 7 May 2019

See all articles by Peterson K Ozili

Peterson K Ozili

University of Essex - Essex Business School; Central Bank of Nigeria

Date Written: 2019


This article provides a discussion on some issues in blockchain finance that regulators are concerned about – an area which bitcoin promoters have remained silent about. Blockchain technology in finance has several benefits for financial intermediation in the financial system; notwithstanding, several issues persist which if addressed can make the adoption of blockchain technology in finance easier and accepted by regulators. The blockchain issues discussed in this article are relevant for recent debates in blockchain finance.

Keywords: Bitcoin; Blockchain Finance, Fintech, Financial stability, Financial intermediation; Financial institutions; Banking regulation, Financial Regulation, Blockchain

JEL Classification: E44, F65, G18, G21, G28

Suggested Citation

Ozili, Peterson Kitakogelu, Blockchain Finance: Questions Regulators Ask (2019). International Finance Review (2019). Available at SSRN: or

Peterson Kitakogelu Ozili (Contact Author)

University of Essex - Essex Business School ( email )

Wivenhoe Park
Colchester, CO4 3SQ
United Kingdom

Central Bank of Nigeria ( email )

Plot 33, Abubakar Tafawa Balewa Way
Central Business District, Cadastral Zone

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