IMF warns tokenization strips finance's shock buffers
Tobias Adrian's blog post argues that what tokenization gives markets in speed, it takes away in resilience, with no regulator currently equipped to catch a shock in real time.
Every Zipp story tagged #SystemicRisk, newest first.
Tobias Adrian's blog post argues that what tokenization gives markets in speed, it takes away in resilience, with no regulator currently equipped to catch a shock in real time.
The systemic-risk framing from the BIS cohort matters more than the bubble call itself: regulators are now publicly rehearsing the contagion map before the asset class has peaked.