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The SEC Is finally modernizing transfer-agent rules. Wall Street must not repeat the ‘paperwork crisis’

|CoinDesk✓|Read original →

TL;DR

If ownership data is split across a token wrapper, a special-purpose vehicle (SPV), a broker’s internal ledger and a transfer agent's off-chain database, we are setting the stage for a Paperwork Crisis for the blockchain age, argues Fairmint’s Joris Delanoue.

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