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IMF issues warning on tokenisation and its impact on monetary policy frameworks. · Cyprus Report

Economy · World

IMF issues warning on tokenisation and its impact on monetary policy frameworks.

1 sourceFirst reported 18 days agoUpdated 18 days ago

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The International Monetary Fund (IMF) has issued a warning regarding the implications of tokenisation on monetary policy frameworks.
The IMF emphasizes the need for adaptation to the ongoing development of tokenisation in the financial sector.
The organization cautions about the potential migration of risk from banks' balance sheets to service providers and market infrastructures.
This warning highlights the necessity for regulatory and policy responses to address the challenges posed by tokenisation.
The IMF calls for vigilance as this technology evolves and impacts financial stability.

Generated by AI from the 1 sources below · always verify with the originals

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AI summary: catch up in 20 seconds

The International Monetary Fund (IMF) has issued a warning regarding the implications of tokenisation on monetary policy frameworks.
The IMF emphasizes the need for adaptation to the ongoing development of tokenisation in the financial sector.
The organization cautions about the potential migration of risk from banks' balance sheets to service providers and market infrastructures.
This warning highlights the necessity for regulatory and policy responses to address the challenges posed by tokenisation.
The IMF calls for vigilance as this technology evolves and impacts financial stability.

Generated by AI from the 1 sources below · always verify with the originals