The SEC Is finally modernizing transfer-agent rules. Wall Street must not repeat the ‘paperwork crisis’
If ownership data is split across a token wrapper, a special-purpose vehicle (SPV), a broker’s internal ledger and a transfer agent's off-chain database, we are setting the stage for a Paperwork Crisis for the blockchain age, argues Fairmint’s Joris Delanoue.
Key Takeaways
- If ownership data is split across a token wrapper, a special-purpose vehicle (SPV), a broker’s internal ledger and a transfer agent's off-chain database, we are setting the stage for a Paperwork Crisis for the blockchain age, argues Fairmint’s Joris Delanoue.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
A single market worth protecting: Getting the MiCA review right
As the European Commission’s MiCA review consultation closes, Europe must decide whether its crypto rulebook is protecting the market without making it too costly to build in.
MEXC Adds Another 1,000 BTC to Guardian Fund, Strengthening User Protection
MEXC, a pioneer in 0-fee digital asset trading, today announced the addition of another 1,000 BTC to its Guardian Fund, marking the second major BTC allocation to the fund this year. The latest addition follows MEXC’s May commitment to expand the Guardian…
US Senator Blumenthal Calls Tether's USDT a 'Superhighway' for Iranian Sanctions Evasion
The Connecticut Senator's subcommittee released its report on Monday and referred the findings to Treasury and the Justice Department.