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The DTCC’s Nadine Chakar made the case before Congress for making the FMI the coordinator of the DLT evolution.
A wholesale move to distributed ledger technology (DLT) for the securities industry would be “a massive undertaking” that would be far more difficult than the move to shorter T+1 settlement, says Nadine Chakar, managing director and global head of DTCC Digital Assets. Chakar also pointed out that the DTCC as a financial market infrastructure (FMI)...
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