BNY Mellon urges a bold shift in digital asset regulation—transforming the future of capital markets with wallet-driven solutions! 🚀
🚀 BNY Mellon Calls for a Rethink in Digital Asset Regulation! 🔥
Caroline Butler, BNY Mellon’s Global Head of Digital Assets, is advocating for a major overhaul of digital asset regulations. She believes blockchain and smart contracts should go beyond simply improving existing systems—they should transform them! 💡
✅ Key Insights:
🔹 Wallets will become the core of future capital markets, integrating various asset classes.
🔹 The SEC’s move to revoke SAB 121 aligns with BNY Mellon’s push for more forward-thinking regulations.
🔹 A use-case-driven regulatory model could reshape institutional operations.
While innovation may be incremental for now, the real disruption is on the horizon! 🌍💰
What’s your take? Should we adapt regulations to unlock the full potential of digital assets? Share your thoughts below! ⬇️💬