U.S. Regulators Set Equal Capital Requirements for Tokenized Securities
- The U.S. Federal Reserve and other regulators require banks to maintain capital for tokenized securities equivalent to that of standard securities.
- Regulators clarified that the technology used for transactions does not affect capital treatment.
- Assets can be used as financial collateral, subject to similar haircuts as non-tokenized forms.
- This policy applies regardless of whether tokens are issued on permissioned or permissionless blockchains.
- The U.S. Securities and Exchange Commission is also developing regulations for handling these tokens.
The decision aims to integrate crypto assets more closely with traditional banking by ensuring consistent capital requirements across both tokenized and standard securities.
By mandating equal capital treatment, regulators help mitigate risks associated with tokenized securities, promoting stability in the financial system.(Source)
