Michael Geike: SEC proposes new blockchain rules for transfer agents

Michael Geike: SEC proposes new blockchain rules for transfer agents
SEC targets blockchain in new proposal

Michael Geike, co-founder & CEO at Advanced Blockchain AG, highlights that the U.S. Securities and Exchange Commission (SEC) has proposed updates to rules for transfer agents, an area that has seen little change since the 1980s.

The proposal brings blockchain-based recordkeeping and tokenized securities into focus, reflecting automation and tokenization trends in capital markets.

Geike has previously highlighted the launch of tokenized U.S. stocks on Coinbase’s Base platform with Chainlink as the price feed provider. He also noted Bitcoin’s completion of its first quantum-safe transaction using the QSB scheme. Both developments emphasize recent advances in blockchain applications within financial markets.

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