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

The Financial Stability Board identified three vulnerabilities of tokenization: The underlying reference asset; the participants in distributed ledger technology based tokenization projects; and new technology's interaction with legacy systems. source: https://www.coindesk.com/policy/2024/10/22/tokenization-could-pose-risks-to-financial-system-fsb-and-bis-warn/?utm_medium=referral&utm_source=rss&utm_campaign=headlines