ESMA Seeks Input on Tokenized Collateral Risks in a Crisis
The EU securities regulator is gathering industry views on tokenized collateral risks to assess whether further regulatory measures are needed.
The European Securities and Markets Authority (ESMA) is asking industry participants for evidence on whether tokenized collateral can be converted into cash during a crisis.
Its inquiry covers legal, liquidity and operational risks associated with using tokenized assets as collateral.
The feedback will inform ESMA’s assessment of whether additional EU regulatory measures are warranted. The request does not itself announce new requirements.
Source: Cointelegraph
