Federal Reserve Governor Cook addresses tokenization and financial-system risks
Regulation · · Ketju Research
This entry records an official signal, such as a speech or a statement. It does not change the law.
What changed
Governor Lisa Cook discussed tokenization’s potential benefits and its operational, liquidity, leverage, interconnectedness, and financial-stability risks.
Who it affects
- Banks, tokenization platforms, asset managers, investment advisers, and clients
What is still open
- How tokenized markets will scale and what additional safeguards regulators may require
What it means for an advisor
- Incorporate the identified risk channels into product, platform, custody, liquidity, and counterparty diligence.
Sources
- Federal Reserve Governor Cook addresses tokenization and financial-system risks · Board of Governors of the Federal Reserve System ·
Version 1, published . Educational analysis, not legal advice.