The SEC is rewriting 50-year-old Wall Street rules to let public blockchains decide who legally owns a stock
The US Securities and Exchange Commission (SEC) desires to let Wall Street’s official shareholder data transfer onchain whereas preserving regulated switch brokers in management. On Sept. 1, the monetary regulator proposed its first main overhaul of transfer-agent rules since rules have been adopted within the late Seventies and early Eighties, explicitly permitting blockchain or different…
