Forbes: US regulation drives the development of tokenized securities, benefiting institutions such as Goldman Sachs

According to an article by Forbes, under the leadership of Trump, U.S. financial regulators have bypassed the Basel Accord to promote the development of tokenized securities and have provided a technology-neutral regulatory strategy for tokenized assets. The Basel Committee on Banking Supervision maintains strict standards for crypto asset risk exposure, but when the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve, and the Office of the Comptroller of the Currency (OCC) issued their FAQ, they granted tokenized securities the same treatment as non-tokenized securities. The New York Stock Exchange (NYSE), Goldman Sachs, Nasdaq, DTCC, BlackRock, BNY Mellon, Citigroup, and JPMorgan have already launched pilot projects or platforms for tokenized stocks, funds, and deposits, or have become major beneficiaries in this field.