TURNING STOCKS AND BONDS INTO CRYPTO-STYLE TRADES WON’T BE HAPPENING SOON. HERE’S WHY.
https://s.yimg.com/ny/api/res/1.2/N13UDbY8ax2LI_PBamYi.w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02MDA-/https://media.zenfs.com/en/marketwatch_hosted_869/6d7beadf324952e8900205eddefdc74c
✍️ The article discusses the idea of moving all stocks and bonds onto a blockchain, which could make markets more efficient by speeding up transactions and lowering costs. However, experts say that turning this vision into reality will require significant changes in regulation and technology.
👉 Moving all stocks and bonds onto a blockchain could make markets more efficient by speeding up transactions and lowering costs. 👉 Experts say that turning this vision into reality will require significant changes in regulation and technology. 👉 Regulatory updates are needed to accommodate the new technology, including changes to SEC rules and the development of new regulations. 👉 Digital rails, such as clearinghouses and exchanges, would need to be upgraded to operate on the blockchain. 👉 More adoption from market participants is needed, including issuers of stocks and bonds and broker-dealers.
-- #MarcRotter #PaulAtkins #ThomasCowan #TrishO'Donnell #RobHadick #JustinBrowder #LouisLaValle #MichaelSonnenshein #JulianSawyer #business
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