Re:Crypto lobbying is going ballistic
by boppo1 on Wednesday December 08, 2021 @06:30AM
(#29483532)
I think institutions will adopt it for real-time security settlement. T+3 caused the Robinhood debacle of shutting down retail GME purchasing. As far as I can tell from the congressional hearings, T+3 is because the incumbents feel secure that they have a monopoly on security settlement tech.
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Re:Crypto lobbying is going ballistic
by unicornmama on Wednesday December 08, 2021 @07:33AM
(#29483964)
Fascinating. Hope someone here with experience in settlement and clearing houses could shed some light.
I wonder if any new solutions would need to use any existing crypto network or if they can just spin off their own.