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US regulators say banks won't face extra capital charges on tokenized securities
U.S. banking regulators clarified on Thursday that banks should not have to hold additional capital against losses when dealing with blockchain-based securities, saying their rules are "technology neutral." The Federal Reserve, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency issued new guidance clarifying that they will not distinguish between tokenized securities and traditional securities when it comes to bank capital. The agencies said they were issuing the document due to increasing interest from banks in representing ownership rights in tokenized securities. "The ... (full story)
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