Blockchain Networks’ Decentralization Efforts Will Take a Hit if Tokens are Labelled Securities, Bernstein Says

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The core issue is whether countries should use securities laws framed decades ago, “without realizing blockchain networks’ very aim is to transform the decades-old financial and securities market systems, with more transparency, instant settlement times, disintermediation of middlemen, automation and reduced costs, global liquidity and interoperability,” the report said.

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