The symposium is set to include keynote remarks from Hyun Song Shin, Economic Adviser and Head of Research at the Bank for International Settlements.
The Office of the Comptroller of the Currency , an independent bureau of the Treasury Department that supervises “national” commercial banks in the United States, willThe upcoming symposium is set to ignite a public dialogue on the transformative potential of tokenizing “real-world” financial assets and liabilities. A particular emphasis will be put on establishing the groundwork for “responsible innovation.” The Acting Comptroller Michael J.
“Crypto remains driven by the promise of speculative gains, continues to be marked by rampant scams, fraud, and hacks, and struggles to comply with anti-money laundering rules. By contrast, tokenization is driven by solving real-world settlement problems and can easily be developed in a safe and sound manner and fully compliant with anti-money laundering rules.
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