On December 12, the U.S. regulatory agency approved a brand new service, taking a key step toward migrating certain stocks, bonds, and U.S. Treasury securities to blockchain technology.

According to relevant executives, the U.S. Securities and Exchange Commission (SEC) granted permission to the Depository Trust & Clearing Corporation (DTCC) in the form of a "no-action letter," allowing the agency to custody and confirm tokenized stocks and other real-world assets on-chain. This move enables the DTCC to provide a three-year asset tokenization service on a pre-approved blockchain.

It must be said that the U.S. is really ahead of China in the blockchain RWA track.

However, those still in VC investments might find that the VC currency and the model for investing in listed stocks are the same, and predict that China will eventually follow this path. As a result, China has completely expelled the crypto circle from blockchain! It's really a pity, but is there a possibility that they are secretly working on it, just like 93yb, which got a bunch of weapons that left military enthusiasts confused?

It turns out that the central bank is just biding its time!