Tokens are certainly changing society. Tokenisation has the potential to open up the financial system to anyone around the world, as long as the infrastructure to exchange those tokenized assets is there. For the adoption of tokenization, it is important that the community and regulators work together to develop clear standards and regulatory frameworks. A robust regulatory framework will undoubtedly reduce regulatory risks, enable innovation by providing clarity around the rules of tokenized ecosystems and allow incumbents to open up for new companies. Standardized taxonomy and terminology and the education of stakeholders are vital in achieving this.    

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