🚨UPDATE: SEC OFFICIALLY Proposes New Rule ALLOWING Wall Street to Record Securities Ownership DIRECTLY on BLOCKCHAIN 🤯🇺🇸🔥 The @SECGov just proposed to REWRITE of its 40 YEARS OLD transfer-agent framework, explicitly addressing the use of BLOCKCHAIN TECHNOLOGY in securities offerings and share transfers. 👀 Under the proposed framework: 👉 Registered transfer agents could use BLOCKCHAIN as the OFFICIAL system for recording securities ownership 👉 Firms servicing TOKENIZED SECURITIES would have new reporting requirements 👉 Transfer agents would DISCLOSE the blockchain networks they use 👉 The framework would be UPDATED to account for securities increasingly being issued and transferred using MODERN DIGITAL infrastructure SEC Chair @SECPaulSAtkins says the modernization INCLUDES the use of electronic communications AND blockchain technology. ✅ This is still a PROPOSAL, not a final rule… But after 40 YEARS, the SEC is officially moving to modernize Wall Street’s infrastructure for the BLOCKCHAIN era. 🤯🔥