SEC Approves DTCC Entry into Blockchain-Based Markets

The U.S. Securities and Exchange Commission grants the Depository Trust and Clearing Corporation approval to expand into blockchain-enabled trading infrastructure.

Summary

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Terms & Concepts
  • SEC (U.S. Securities and Exchange Commission): The primary financial regulator in the United States overseeing securities markets and investor protection.
  • DTCC (Depository Trust and Clearing Corporation): A U.S.-based clearing and settlement organization that handles post-trade processes for securities transactions.
  • Blockchain-Based Markets: Trading platforms or systems using blockchain technology to record, verify, and settle transactions.