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Key Takeaways
- SEC proposal addresses blockchain ownership records.
- Token transfers may not complete ownership.
- Agents would disclose their blockchain systems.
- Rules remain proposed, not yet effective.
The SEC turns to tokenization’s legal record
The Securities and Exchange Commission has proposed its first substantial transfer-agent overhaul since the paper-certificate era, this time accounting for blockchain records and tokenized securities.
In the SEC announcement, Chairman Paul Atkins said the changes reflect “the use of electronic communications and Read Entire Article
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