Why Regulated Assets Outgrew General-Purpose BlockchainsTokenized securities place requirements on blockchain infrastructure that differ fundamentally from those of open, permissionless crypto networks. While platforms like Ethereum...
Hong Kong’s Early Approach to Digital Asset RegulationHong Kong was among the first major financial hubs to formally acknowledge that digital asset trading platforms intersect with...
Why Transfer Agent Status Matters in Digital SecuritiesIn U.S. capital markets, a transfer agent functions as the official recordkeeper of securities ownership. This role includes maintaining...
What an SEC No-Action Letter Actually MeansAn SEC no-action letter is a formal response from SEC staff indicating that, based on the facts presented, the staff...
China’s Cryptography Law ExplainedChina’s Cryptography Law establishes a national framework governing the development, use, and management of cryptographic systems. The legislation focuses on encryption standards, security...
