Economics Dictionary of ArgumentsHome
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| Tokenization: Tokenization is the process of breaking down a sequence of text into smaller units called tokens. These tokens can be words, subwords, or characters. It's a fundamental step in natural language processing (NLP) to prepare text for analysis or model input. See also Tokens, Type._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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IMF Working Papers on Tokenization - Dictionary of Arguments
IMF V 11 Tokenization/IMF/Hacibedel/Perez-Saiz: In the longer term, tokenization and the widespread adoption of crypto assets could lead to adisintermediation of bank deposits. While greater competition with crypto agents could be beneficial for consumers, this could also undermine credit provision and quickly weaken bank solvency ratios, causingpotential negative feedback effects with the real sector. IMF V 11/12 A financial sector dominated by crypto firms could also potentially be more vulnerable in the beginning as regulation and supervision adapts to this novel environment. Tokenization could potentially lead to stronger competition by banks in certain crypto activities and reduce regulatory arbitrage benefits of crypto firms.> >Cryptocurrency risks, >Cryptocurrency, >Crypto transactions, >Fake transactions, >Cross-border payments, >Money laundry, >Crypto regulation, >Blockchain, >Bitcoin, >Crypto Firms, >Crypto and Banking, >Payment systems, >Stablecoins, >Ethereum._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
IMF Working Papers IMF II IMF Working Paper André Reslow Gabriel Söderberg, Cross-Border Payments with Retail Central Bank Digital Currencies: Design and Policy Considerations IMF Fintech Note 2024/002 Washington, DC. 2024 IMF III IMF Working Papers Clemens Graf von Luckner Robin Koepke, Crypto as a Marketplace for Capital Flight. IMF Working Paper 24/133 Washington, DC. 2024 IMF IV IMF Working Papers Marco Pani Rodolfo Maino, “Could Digital Currencies Lead to the Disappearance of Cash from the Market? Insights from a ’Merchant-Customer’ Model.” IMF Working Paper WP/25/56 Washington, DC. 2025 |
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