Odaily Planet Daily News: The Bank for International Settlements report emphasizes that major financial institutions are trialing tokenized deposits to improve settlement efficiency and programmability. However, the transition from traditional finance to tokenization may pose risks, including potential governance and legal framework issues, as well as credit, liquidity, custody, and operational risks. These challenges may differ from those faced by traditional market infrastructure, necessitating a comprehensive assessment by central banks. Of course, tokenization also has many benefits, including reduced transaction costs and accelerated transaction speeds. Governance, legal, and liquidity risks are key concerns for central banks regarding tokenized assets. (TheBlock)