Brazil’s Tokenization Push Accelerates With $2 Billion Credit Plan
In July, Brazil’s Securities and Exchange Commission, the CVM, created a dedicated Tokenization Working Group to study the registration, custody, trading, and settlement of securities using distributed ledger technology. The group has also been tasked with proposing an experimental regulatory regime for tokenized securities, placing tokenization directly within the regulator’s agenda for the modernization of The post Brazil’s Tokenization Push Accelerates With $2 Billion Credit Plan appeared first on BeInCrypto.
Key Takeaways
- In July, Brazil’s Securities and Exchange Commission, the CVM, created a dedicated Tokenization Working Group to study the registration, custody, trading, and settlement of securities using distributed ledger technology.
- The group has also been tasked with proposing an experimental regulatory regime for tokenized securities, placing tokenization directly within the regulator’s agenda for the modernization of The post Brazil’s Tokenization Push Accelerates With $2 Billion Credit Plan appeared first on BeInCrypto.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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