#OCC

BlackRock Asks OCC To Scrap 20% Cap On Tokenized Reserve Assets Walmart Layoffs (KKprAqCI3I)

BlackRock has formally requested the Office of the Comptroller of the Currency (OCC) to eliminate the existing 20% cap on tokenized reserve assets. This move by one of the world's largest asset managers signals a significant push for greater flexibility and adoption of digital assets within traditional financial frameworks. Removing this cap would allow financial institutions to hold a larger proportion of their reserves in tokenized form, potentially accelerating the integration of real-world assets onto blockchain platforms. Such a regulatory adjustment could pave the way for increased institutional participation in the RWA market, fostering liquidity and efficiency for various tokenized instruments. The request underscores the growing interest from major financial players in leveraging blockchain technology for core banking functions and asset management.

mshale.com·2h ago