>>514883084
>The NYFed’s primary dealers and their ilk want to tokenize all asset classes so they remain in a top, untouchable tier of shareholders that takes no risk and always gets paid.

>>510293922
>>The NYFed’s primary dealers and their ilk want to tokenize all asset classes so they remain in a top, untouchable tier of shareholders that takes no risk and always gets paid.
<<<--safe harbor

>>510087528
>The NYFed’s primary dealers and their ilk want to tokenize all asset classes so they remain in a top, untouchable tier of shareholders that takes no risk and always gets paid.
>safe harbor for all clearinghouses (crytpo platforms)

>>509631920
>takes no risk and always gets paid.
the clearing house (crypto platform) always owns the underlying collateral

>>508342021
>the tokenized asset buyer only holds the token not the underlying collateral, the token platform (the clearinghouse) is the ultimate claimant to the underlying assets