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IMF Warns Tokenized Markets Could Amplify Financial Risks
IMF Warns Tokenized Markets Could Amplify Financial Risks
Authored by Nate Kostar via CoinTelegraph.com,
Tokenization could reshape financial markets by making trading and settlement more efficient, but legal uncertainty and risks to financial stability could hinder wider adoption, according to the International Monetary Fund (IMF).
In a Thursday analysis, the IMF said tokenized financial markets are growing rapidly but remain small compared with traditional markets, with poor interoperability and a lack of widely accepted settlement assets among the key obstacles to expansion.
The gap between tokenization's potential and its current scale is evident...
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Historic Buffalo Church Torches Twice In Four Days Following Sale To Islamic Group
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Authored by Steve Watson via Modernity News,
A 140-year-old Catholic church in Buffalo has been deliberately set on fire for the second time in four days, the third blaze to hit the site this year. Investigators confirmed arson.
The property was sold years earlier by the Diocese of Buffalo to a company affiliated with the Downtown Islamic Center, which planned to turn the historic complex into a mosque.
Christian heritage keeps vanishing while officials scramble over "securing" the site...
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