Ripple·BlackRock participation white paper points out restrictions on secondary token trading
Original headline리플·블랙록 참여 백서, 토큰 2차 거래 제한 지적
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The Dubai Financial Services Authority (DFSA) published a tokenization white paper on November 5 drawing on input from Ripple, BlackRock ($BLK), and Standard Chartered ($STAN), identifying custody, digital payments, cross-platform connectivity, legal rights, and trading liquidity as the conditions for scaling tokenized financial assets. The paper, titled "Scaling Tokenisation: The Road Ahead," is explicitly not regulatory policy, supervisory guidance, or legal interpretation, and does not commit the DFSA to future action, nor do participants' views represent the regulator's position. Tokenization here refers to representing rights to financial assets such as fund shares or bonds as digital tokens on a distributed ledger. The involvement of major asset managers and banks signals growing institutional engagement with tokenized asset infrastructure even as regulatory frameworks remain undefined. What to watch next is whether the DFSA converts the paper's conditions—particularly custody and secondary-market liquidity—into formal rules, and whether other regulators adopt similar frameworks.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Dubai Financial Services Authority, BlackRock (BLK), Ripple (XRP), Standard Chartered
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