Quick thread on where we're at in the U.S. with securities law, plus what we're doing to address those issues 1/
Today, many securities, like real estate investment and corporate equity contracts, are ultimately paper-based.
“Tokenizing” these assets would make them easier to manage and trade, improving the efficiency and liquidity of such financial markets. 2/
“Tokenizing” these assets would make them easier to manage and trade, improving the efficiency and liquidity of such financial markets. 2/
Efficient markets protect investors’ access to their assets and enhance market participants’ ability to raise capital.
Regulations largely prohibit U.S. markets from realizing benefits, bc regulations were designed to manage issuance, custody, + trading paper-based securities 3/
Regulations largely prohibit U.S. markets from realizing benefits, bc regulations were designed to manage issuance, custody, + trading paper-based securities 3/
Compliance with many U.S. securities regulations is ultimately based on the proper handling of formerly paper-based securities contracts, which makes compliant uses of blockchain-based security tokens unnaturally limited today. 4/
We're launching a working group to address this, chaired by
@GeorgiaQuinnEsq/@CoinList + Alex Levine/@TokenSoftInc.
Read more on how we're thinking about the issue here:
medium.com/@BlockchainAss… /end
@GeorgiaQuinnEsq/@CoinList + Alex Levine/@TokenSoftInc.
Read more on how we're thinking about the issue here:
medium.com/@BlockchainAss… /end
