SEC Approves DTCC Pilot to Record US Securities on Select Blockchains Via ‘Registered’ Wallets – Decrypt
In brief The No-Action Letter permits DTCC to mint and burn tokenized entitlements on approved blockchains without triggering certain clearing-agency or systems-compliance rules. Participants may shift eligible securities, including Russell 1000 stocks, Treasurys and major index ETFs, into blockchain-based wallets under a permissioned structure. DTCC must file detailed quarterly reports on usage, technology choices and...
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