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Tokenization

Most banks have misjudged the timing on tokenization
New technology could introduce fresh systemic risks amid faster settlement benefits
Tokenization firm becomes one of the first sector-specialist companies to list publicly
Industry-backed blockchain initiative takes shape as stablecoin competition grows
Fintech plans to combine insured deposits and digital assets ahead of US bank launch
Landmark launch in US national banking as digital assets move increasingly mainstream
Bank says growing institutional adoption and regulatory progress are accelerating the shift
In a joint letter, the ABA, the BPI, the CBA, and the ICBA outlined recommendations for federal regulators
The shift will see PPSIs brought under regulation focused on anti-money laundering and countering the financing of terrorism
New law allows regulated institutions to safeguard digital assets from August
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