Blockchain Makes Inroads Into the Stock Market's $1 Trillion Plumbing System - 0 views
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John Kiff on 08 Nov 19"The SEC has put significant limits on Paxos's experiment. Only about 140 of the most actively traded, least volatile stocks, like Exxon Mobil Corp. and Bank of America Corp. , are eligible for the project. The number of trades Paxos can settle will also be capped at 1% of average daily trading volume of those stocks, according to the SEC's letter."