CBDCs, Crypto, News, Operational Resilience

Tokenisation: three pros and cons for banks

By Farah Khalique
Image via Freepik

A new McKinsey report reveals the potential for tokenisation to help banks cut costs and risks, but warns that regulatory uncertainty is one of many roadblocks.

Tokenisation, the process of putting tangible assets such as money and gold onto a digital platform, is picking up momentum among banks. 

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