Crypto Trust Firms Seek Role in US Derivatives Settlements Alongside Banks
(3 hours ago) · 1 source · Summarized by CryptoBipto
A discussion is emerging about whether crypto trust companies can compete with traditional banks in the US derivatives settlement space. The question centers on regulatory frameworks and whether trust-chartered firms have the legal standing and infrastructure to participate in clearing and settlement processes traditionally dominated by banks.
WHY IT MATTERS
When you trade certain financial products called derivatives — contracts whose value is based on an underlying asset — someone has to make sure both sides of the trade actually deliver what they promised.
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SOURCES
- cointelegraph.com
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