IMF warns Tokenization Could Bring Crypto Risks Into Global Financial Markets
This article is about “asset-tokens” and why the IMF is stressing out. Larry Fink, the head of Blackrock and a prominent member of the Trilateral Commission, says that whatever can be tokenized will be tokenized. The speed of development of Real-World-Asset (RWA) tokenization is racing far ahead of regulators’ ability to adapt. If left unchecked, it will destroy the traditional banking system. This is The New Economics of Technocracy: You Will Own Nothing.