SEC Emphasizes Blockchain for U.S. Financial Market Evolution
- The U.S. Securities and Exchange Commission (SEC) is prioritizing the transition of financial markets to blockchain infrastructure.
- On-chain settlement is highlighted as a key upgrade under SEC Chair Paul Atkins.
- This shift aims to reshape post-trade systems and regulatory strategies in the U.S.
The SEC, under Chair Paul Atkins, is focusing on moving U.S. financial markets onto blockchain infrastructure, with on-chain settlement as a priority upgrade. This strategic move could significantly alter post-trade systems and regulatory approaches in the country.
By emphasizing blockchain technology, the SEC aims to modernize and enhance the efficiency of financial market operations in the United States, potentially setting a new standard for global markets. (Source)
