Fsb – Dec LM

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.

Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies

Members of the küresel financial stability body discussed areas that "warrant further attention" in the crypto sector during a meeting in Toronto last week.

Failure of Multi-Function Crypto Firms a Limited Threat to ‘Real Economy’: FSB

A new report by the Financial Stability Board said further assessments of possible implications are required because "significant information gaps remain."