ESMA asks if tokenized collateral is safe for central counterparties – Ledger Insights – blockchain for enterprise
Europe’s securities regulator wants to know whether tokenized collateral is safe enough for central counterparties (CCPs). In a call for evidence published today, the European Securities and Markets Authority (ESMA) set out its starting position. Tokenization earns no special treatment, and tokenized collateral has to be as legally certain and as easy to sell in
