Original sourceAdbytes.Media
Summary
The U.S. SEC proposed updating transfer agent rules to allow blockchain ledgers and other electronic databases to serve as official ownership records for certain regulated securities, potentially making on-chain records controlling ownership registries in some cases rather than secondary tracking t…
Key points
- Issuers and transfer agents can use this to assess integration costs and legal boundaries between on-chain registries and traditional stock administration.
- If finalized, on-chain ledgers could become official ownership registries for regulated securities, a key step for tokenized securities toward mainstream infrastructure.
- Tokenized securities issuers must redesign stock administration, identity verification, and transfer restriction processes, and wait for final rules before adjusting systems.
Editorial note
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