U.S. Banking Watchdog Makes Case for Tokenization, Just Not on Public Blockchains

U.S. Banking Watchdog Makes Case for Tokenization, Just Not on Public Blockchains


Self-styled crypto skeptic Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), said tokenization of assets is a serious advance into the future of finance, but decentralized blockchains may be too problematic to handle that movement.

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