Tokenization Could Pose Risks to Financial System, FSB and BIS Warn

Tokenization Could Pose Risks to Financial System, FSB and BIS Warn

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Source: Coindesk.com

The Financial Stability Board and the Bank for International Settlement both flagged tokenization risks in new reports. "Tokenisation could have implications for financial stability if it scales up significantly," Klaas Knot the FSB chair said in a letter addressing the Group of 20 nations.

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The post "Tokenization Could Pose Risks to Financial System, FSB and BIS Warn" appeared first here Coindesk.com.

Source: Coindesk.com

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