SEC crypto approval means the 3-day wait to settle stock trades is now dead

The Depository Trust Company, the U.S. financial market infrastructure provider that clears and settles securities trades, said the SEC has given it informal approval to move ahead with a tokenization service for some assets it already holds in custody, without facing enforcement action. The letter sets conditions for a time-limited rollout and ongoing reporting while The post SEC crypto approval means the 3-day wait to settle stock trades is now dead appeared first on CryptoSlate.