TODAY 🚨: The Commission proposed new rules and amendments to provide a tailored framework for the custody of crypto assets for registered investment advisers and regulated funds, i.e. registered investment companies and business development companies.
A licensed central securities depository is recording securities ownership on a public blockchain for the first time — on the XRP Ledger. 🇧🇷
CSD BR is partnering with Ripple to bring Brazil's regulated capital markets onchain, starting with BTG Pactual fund shares, secured by Ripple Custody. https://t.co/Q2nrSHeXuO
Tomorrow, Armada Acquisition Corp. II shareholders are scheduled to vote on the proposed business combination with Evernorth. Completion remains subject to shareholder approval and to customary closing conditions.
This content is for informational purposes only and does not constitute investment advice. This content may contain forward-looking statements that involve risks and uncertainties; actual results may differ materially. Digital assets involve risk, including potential loss of principal. Learn more about Evernorth: https://t.co/sqMogIjJYm.
There’s a world of movement you don’t see.
Across borders. Across currencies. Across economies.
We enable financial institutions to keep that value moving securely, reliably and at extraordinary scale.
And as value takes new forms, we’re helping our global community shape how it moves next.
Swift. Moving the world’s value.
Timeline of events since Congress failed to pass the Crypto Clarity Act
September 17:
• SEC allows limited on-chain trading of tokenized US stocks.
• CFTC allows developers to build passive derivatives software without registering as brokers, including for crypto markets.
• SEC Chair Atkins says tokenization rules are moving toward a longer-term framework.
September 18:
• CFTC files new crypto market rules, moving them into White House review.
September 23:
• CFTC Chair Selig says the agency is establishing clear crypto market structure rules.
• CFTC outlines plans for 24/7 on-chain, tokenized financial markets.
• Trump administration considers promoting dollar-backed stablecoins internationally.
September 24:
• CFTC issues updated guidance on tokenized assets and blockchain recordkeeping.
• Federal Reserve proposes rules for stablecoin issuers under the GENIUS Act.
September 25:
• SEC staff releases new guidance on how securities laws apply to crypto.
• SEC Commissioner calls to end mass collection of sensitive KYC data.
Most of the financial world is still blind to what's happening. Ripple's technology isn't just another crypto project. It's the infrastructure that will unlock trillions in previously frozen assets.
Major banks and financial institutions are implementing systems that will use the XRP Ledger.
When these assets start flowing, everything will change permanently
Those who understand this now have an advantage
🤯 WOW: BLACKROCK CEO LARRY FINK SAYS: „THE NEXT GENERATION FOR MARKETS WILL BE TOKENIZATION!“ 💸
THE $XRP LEDGER HAS BEEN THE BLOCKCHAIN OF CHOICE FOR REAL-WORLD ASSET TOKENIZATION! 💎