The Securities Names plan (SEC) affiliated with the US Securities Committee may seem to simplify the code of the securities, but it is unlikely to benefit investors unless real innovation and efficiency are provided, according to the market maker of the stock maker.
Citadel wrote in a statement of the SEC encryption squad, as I mentioned through an organizational pleasure that serves the self. Bloomberg.
Distinguished symbol-the real world’s asset representation process on Blockchain with digital symbols-described to them The ability to reduce costs Enhancing efficiency by reducing the role of brokers, shortening settlement times and enabling fractures of financial assets.
December a report The World Economic Forum argued that “the benefits of the distinctive symbol in the capital market will increase significantly, as more institutions and infrastructure sees the advantages of themselves.”
The main players are like Blackrock and Franklin Templeton I entered the distinctive symbol race, along with platforms focusing on encryption such as Coinbase and Robinhood and Corner.
SEC Paul Atkins President CallComparing its potential effect to the development of sound formats. I suggest Enter “innovation exemption” To encourage its development.
Despite the increasing organizational support, the risks remain. Citadel has warned that the asset symbol could “liquidity liquidity” from traditional stock markets and the creation of “new and unacceptable liquidity gatherings” for major institutional investors such as pensions, banks and standing.
Related to: SEC finishes “Organization through enforcement
The risks of adopting encryption for institutions
The castle is not alone in its sounding of a warning about the challenges facing traditional financial institutions when entering the area of digital assets. On Tuesday, JPMorgan topped the headlines amid reports Explore baccalaureate loansWhich would allow customers to borrow against their encryption possession.
This step is a major transformation of JPMorgan’s position historically for encryption. However, Adam Reds, co-founder of LEDN, warned that traditional banks that enter the market-even in light of more friendly regulations for encryption-will face very slope challenges as non-original players.
He pointed out that the biggest obstacles include “safe nursery, side fluctuations, and [orderly] Framework for filtering. “
Reds said: “Bitcoin -backed lending is not only limited to carrying assets; it relates to what is happening when the markets move quickly and ensure the exact knowledge of customers how their bitcoin currency is managed at all times.”
Additional challenges, such as a safe self -body, are also at the height of institutions for institutions. In June, Chercuit CEO Harry Donkey said The encryption recovery engine has been developed To address this particular issue.
“The permanent loss of assets is one of the largest barriers that prevent the adoption of the prevailing,” Dunlli told Cointelegraph.
https://www.youtube.com/watch?
magazine: Will Robinhood’s distinguished stocks really take over the world? Pros and negatives
publish_date
