A token can carry its whole transaction history, and that is the problem for banks, not the solution.
@RyanRRugg, Head of Digital Assets
@Citi on the latest episode of Tokenized with hosts
@sytaylor and
@rangoldi
"If one of our large clients wants to deposit it into the bank, but it was used five hops ago in illicit behavior, who's responsible?"
Citi says it won't take that risk without explicit regulatory guidance on how many hops back a token's history counts.
🎙 Listen to the latest episode on Tokenizedpod(dot)com