UK Finance recently released a report on securities tokenization, delving into the world of digital transformation from a wholesale markets perspective. The report aims to guide the UK in maintaining and strengthening its leading position in international markets. Securities tokenization involves representing real financial assets digitally using distributed ledger technology. This process, along with the […]
The Law Commission of England and Wales has just published recommendations for reform and development of the law relating to digital assets. Digital assets – which include crypto-tokens (sometimes referred to as ‘cryptocurrencies’) and non-fungible tokens (NFTs) – are used for an increasing variety of purposes in modern society, such as for investment, for making […]
Patrick McHenry (NC-10), Chairman of the House Financial Services Committee, and Glenn “GT” Thompson (PA-15), Chairman of the House Committee on Agriculture, released a discussion draft of legislation providing a statutory framework for digital asset regulation intended to provide clarity, fill regulatory gaps, and foster innovation, while providing adequate consumer protections. “This discussion draft is the first […]