Industry leaders call for standards and governance to unlock digital finance
- Industry leaders from Global Digital Finance, FIX Trading Community, and Deloitte have released a white paper emphasizing the need for standards and governance to scale digital finance.
- The report highlights that while tokenization is advancing, key barriers to adoption are now in standards, governance, data harmonization, and trusted digital money, rather than technology.
- The paper calls for coordinated action to develop common standards, create strong governance, and build trusted digital cash and settlement frameworks to ensure the convergence of traditional and digital financial market infrastructures.
Topics: Infrastructure providers, Legal regulatory, Scalability, Tokenization platforms, Licensing issuer obligations, Market depth liquidity, Token standards programmability
Tags: #digitalfinance #tokenization #interoperability #standards #governance #marketinfrastructure #deloitte #globaldigitalfinance #fixtradingcommunity #digitalassets
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