Distributed Ledger Technology and Secured Transactions
This guidance note focuses on the regulatory implications that the deployment of distributed ledger technology (DLT) entails for secured transactions and collateral registry (STCR) frameworks. In particular, it examines the regulatory regimes applicable to three DLT-STCR outputs: (i) the use of digital assets implementing DLT as collateral, (ii) the application of DLT in platforms supporting secondary markets for the valuation and disposal of collateral, and (iii) the application of DLT in collateral registries.
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| Main Author: | |
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| Format: | Working Paper biblioteca |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020-05
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| Subjects: | DIGITAL TECHNOLOGY, DISTRIBUTED LEDGER TECHNOLOGY, BLOCKCHAIN TECHNOLOGY, FINANCIAL TECHNOLOGY, INTERNATIONAL FINANCIAL REPORTING STANDARDS, ANTI-MONEY LAUNDERING, DIGITAL ASSET, FINANCIAL REGULATION, DIGITAL COLLATERAL, STABLECOINS, |
| Online Access: | http://documents.worldbank.org/curated/en/165451588054535734/Regulatory-Implications-of-Integrating-Digital-Assets-and-Distributed-Ledgers-in-Credit-Ecosystems https://hdl.handle.net/10986/34008 |
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| Summary: | This guidance note focuses on the
regulatory implications that the deployment of distributed
ledger technology (DLT) entails for secured transactions and
collateral registry (STCR) frameworks. In particular, it
examines the regulatory regimes applicable to three DLT-STCR
outputs: (i) the use of digital assets implementing DLT as
collateral, (ii) the application of DLT in platforms
supporting secondary markets for the valuation and disposal
of collateral, and (iii) the application of DLT in
collateral registries. |
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