IMF says policy choices will determine whether tokenization strengthens or fragments the financial system
The Block·
60-second summary
The IMF's Tobias Adrian warns that policy choices will determine whether tokenization strengthens or fragments the financial system, with risks potentially shifting from banks toward market infrastructure providers and smart contracts as tokenization expands, citing the need for regulatory clarity to mitigate these risks and ensure a stable financial ecosystem develops.
The IMF's Tobias Adrian said risks could shift from banks toward market infrastructure providers and smart contracts as tokenization expands.