ESMA Requests Proof That Tokenized Collateral Is Crisis-Cashable

European regulators are pushing for clearer proof that clearinghouses can safely use tokenized collateral when markets deteriorate. The European Securities and Markets Authority (ESMA) has published a call for evidence aimed at understanding how tokenized assets would be accessed, liquidated, and managed under central clearing arrangements—especially in stressed scenarios. ESMA’s initiative comes as tokenized collateral moves from pilots into real clearing workflows. Banks and investors increasingly want faster, more flexible access to securities to meet margin requirements, and distributed ledger –enabled services are starting to appear in mainstream infrastructure.

Source: Crypto Breaking News