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EU Regulator ESMA Seeks Experts to Develop Tokenisation Standards

(5 hours ago) · 1 source · Summarized by CryptoBipto

The European Securities and Markets Authority (ESMA) is seeking expert nominations to help establish standards for tokenisation as financial markets increasingly move onchain. The initiative aims to create a framework for how traditional financial assets can be represented as digital tokens on blockchain networks.

WHY IT MATTERS

Tokenisation is the idea of turning traditional financial assets — like a government bond or a share of stock — into digital tokens that live on a blockchain, similar to how a paper airline ticket was replaced by a digital one.

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SOURCES

  • newsbtc.com

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