An eligible tokenized security should generally receive the same capital treatment as the non-tokenized form of the security under the capital rule under answers to frequently asked questions (FAQs) issued by the federal banking regulators Thursday.
The agency said the FAQ answers clarify that an eligible tokenized security should generally receive the same capital treatment as the non-tokenized form of the security under the capital rule. The agencies also clarified that the capital rule is technology neutral, and the technologies used to issue and transact in a security do not generally impact its capital treatment.
The agencies described “tokenized securities” as those when ownership rights in the security are represented using distributed ledger technology.
Agencies clarify the capital treatment of tokenized securities
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