๐บ๐ธ New: Fairmint Proposes a Framework to the SEC to Update the Private Blockchain Securities Market! ๐
โโโโโโโโโโโโโโโ
๐ก Revolutionary Framework:
Fairmint, a registered transfer agent, has presented a seven-point policy framework for the SEC's "Crypto Task Force." The aim is to transform the $6 trillion private securities market using blockchain.
โโโโโโโโโโโโโโโ
๐ Key Proposals and Impact:
โ Infrastructure Standards: Standardizing infrastructure to facilitate interaction.
โ Immediate Regulatory Oversight: Continuous supervision from the SEC through monitoring nodes.
โ Self-Custody Investor Rights: Direct ownership with compliance guarantees.
โ Knowledge-Based Accreditation: Transforming investor accreditation standards.
โ Organized Experimental Environment (Sandbox): A safe environment for innovation in DeFi.
โโโโโโโโโโโโโโโ
๐ Enhancing Innovation and Oversight:
The initiative focuses on enhancing oversight and empowering technological innovation. It points to integrating blockchain into traditional markets, thereby improving efficiency and transparency.
โโโโโโโโโโโโโโโ
โ Do you think this policy framework will accelerate the adoption of blockchain solutions in traditional financial markets in the United States? ๐ค
โโโโโโโโโโโโโโโ
๐ If you liked the content, support me with a like and follow to receive all the latest
LEGENDARY_007
#CryptoNewss #LEGENDARY_007 #SEC #FairMint