Tags: Financial Stability

Incoming BoE Deputy Governor Discusses Crypto‘s Value and Risks

G-7 Unpacks Crypto Regulation and CBDCs in Latest Meeting

(Bruno Sanchez-Andrade Nuño/Flickr)

Tokenization of real-world assets has been dismissed by many crypto purists for operating under a centralized framework, but new technological advances have migrated the process from closed, permissioned projects onto public, permissionless blockchain platforms.

FTX‘s collapse may have added fuel for those seeking stricter crypto rules, but even the good guys may get it wrong, financial services commissioner Mairead McGuinness told CoinDesk.

Traditional finance players want new international rules to stop FTX-style conflicts of interest, but the crypto industry warns of crimping blockchain benefits