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A Tokenised Future for the Australian Financial System?
Thank you for the opportunity to discuss the role that tokenised assets and money might have in shaping the future of Australia’s financial system. My remarks today will centre on three themes. I will begin by drawing out some lessons from history as they relate to the evolution of our commercial and monetary arrangements. I will then outline the opportunities and challenges arising from the tokenisation of assets and money in the digital age. The punchline here is that tokenisation offers some intriguing possibilities, but is not without its challenges and more work is needed to understand how we could yield the ... (full story)