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Lagarde to Leave ECB With Tokenized Finance Framework Still Unresolved

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

European Central Bank President Christine Lagarde is set to depart her role while Europe's regulatory blueprint for tokenized finance remains undecided. Key questions about who will control tokenized money in Europe and how it will be regulated have not been settled during her tenure. The outcome will be left to her successor and other European policymakers.

WHY IT MATTERS

The European Central Bank is like Europe's main financial authority — it manages the euro and sets monetary policy for countries that use it.

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SOURCES

  • cryptoslate.com

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