Tradeoffs in automated financial regulation of decentralized finance due to limits on mutable turing machines

Abstract We examine which decentralized finance architectures enable meaningful regulation by combining financial and computational theory. We show via deduction that a decentralized and permissionless Turing-complete system cannot provably comply with regulations concerning anti-money laundering, k...

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Bibliographic Details
Main Authors: Ben Charoenwong, Robert M. Kirby, Jonathan Reiter
Format: Article
Language:English
Published: Nature Portfolio 2025-01-01
Series:Scientific Reports
Online Access:https://doi.org/10.1038/s41598-024-84612-9
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