Market participants and policy makers have shown strong interest in DLT-based financial applications such as tokenisation. However, despite growing enthusiasm by market participants and the emergence of a clearer divide between crypto-assets and regulated tokenised assets, adoption of tokenisation remains scarce. This report analyses possible reasons for the absence of a market for tokenised assets and puts forward policy considerations for financial supervisors and policy makers.
Tokenisation of assets and distributed ledger technologies in financial markets
Potential impediments to market development and policy implications
Policy paper
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