“These risks may materialise in different ways due to the effects of token arrangements on market structure, e.g. due to a change in the roles played by intermediaries when previously separate functions are combined on one platform,” the BIS report said. Plus, conflict of interest could also emerge, the report added and called for sound governance.
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Camomile Shumba
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
2024-10-22 15:36:57
