Brazil’s Securities and Exchange Commission (CVM) has established a working group to develop a regulatory framework for securities tokenization. The group will test on-chain securities applications covering registration, custody, trading, and settlement processes to formulate regulatory recommendations. The working group, which will operate for 120 days, is expected to deliver a draft experimental regulation within the first 60 days and a comprehensive regulatory report by the end of the period. #Crypto #Blockchain #RWA #Tokenization #CVM
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