Co-ordination key to alleviating tokenisation risks – IMF official

#Coordination #key #alleviating #tokenisation #risks #IMF #official Tokenisation could alter the structure of the financial system and the potential points of failure within it, and policy-makers must co-ordinate their response, a senior official at the International Monetary Fund says. Tokenisation refers to the creation of assets on a shared, programmable ledger, in contrast to the…

#Coordination #key #alleviating #tokenisation #risks #IMF #official

Tokenisation could alter the structure of the financial system and the potential points of failure within it, and policy-makers must co-ordinate their response, a senior official at the International Monetary Fund says.

Tokenisation refers to the creation of assets on a shared, programmable ledger, in contrast to the private, centralised ledgers traditionally used by commercial and central banks.

In a blog post published on July 2, Tobias Adrian, financial counsellor and director of the IMF’s

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Currency – centralbanking.com

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