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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.

globe held in someone's hand (Greg Rosenke/Unsplash, modified by CoinDesk)
(Greg Rosenke/Unsplash, modified by CoinDesk)