Key takeaways from @SecTransferAssn Transfer Agent of the future will need to track new info such as investors’ digital wallet addresses & associate those wallets with investor identities + handle situations where there are differences between their records & data on blockchain.
Kicking off the day at #sectransferassn2019 with Peter Duggan @Computershare, Mohit Bhansali of Equity Stock Transfer, and Jeff Bandman @TheBlockAgent talking about CRYPTOCURRENCY AND TOKENIZED SECURITIES: TRANSFER'S NEW FRONTIER
"Transfer Agents are a foundational element of financial services infrastructure, and it’s exciting to see TokenSoft provide technology support to enable Transfer Agents to support security tokens." - Jeff Bandman, Block Agent. @BandmanJeff
https://t.co/382hKurfWZ
WATCH: What's a “murder board?” Former CFTC advisor @BandmanJeff tells us about how Facebook's David Marcus prepared for the #Libra hearings. #coindesklive#facebook. https://t.co/fPKJZAkAWi via @johnbiggs
While we’re talking about the possible status of a Libra as some type of fund security, it is worth calling out the really interesting work being done by @PhilipLiu & the team at Arca who are “leaning in” to ‘40 Act compliance. Worth examining. @jerrybrito@CaitlinLong_@lex_node
Security? Payment token? Utility token? Defining Facebook's Libra won't be easy, and it's not Facebook's call, says former CFTC advisor @BandmanJeff. Report by @WolfieZhao https://t.co/O8tDCUxfRR