The Transformation of the Global Monetary and Financial System Under Tokenization

... their issuance and circulation. However, despite the many technical and regulatory issues, the main obstacle to large-scale tokenization of financial assets is the global monetary and financial system itself—or, more precisely, the resistance of its ... ... control. Evidence of such intentions can be seen in the current investments made by system-forming U.S. banks not so much in cryptocurrencies themselves as in the blockchain ecosystems associated with them, such as Axoni, Metamask, Coinmetrics, Chainalysis,...