Latest crypto news, Bitcoin news, and blockchain news

16:49

SEC Accepts NYSE Proposal: Introducing "Tokenized Securities" Trading Mechanism to Support On-Chain Settlement

BlockBeats News, April 18th. The U.S. SEC released a document (34-105260), disclosing a rule change proposal submitted by the NYSE to formally introduce a "Tokenized Securities" trading framework.

According to the proposal, NYSE plans to add Rule 7.50, allowing eligible securities to be traded and settled in a blockchain-based "tokenized form" alongside traditional form. This arrangement will operate under the DTC pilot program. Key mechanisms include:

Tokenized securities will share the same trading symbol (CUSIP) and ownership structure as traditional stocks, with full fungibility;
In the matching engine, tokenized securities will have the same execution priority as traditional securities, unaffected by their form;
Market participants can choose on-chain settlement using a "tokenization flag," with specific handling carried out by custodians.

In addition, NYSE also plans to simultaneously modify order ranking, routing, and clearing rules to align with the trading process of tokenized securities, ensuring seamless integration with the existing market structure.
From a market perspective, this proposal signifies that U.S. traditional stock exchanges are formally exploring the integration of blockchain technology into core trading and settlement systems. If approved, this may become a significant milestone for "on-chain securities" entering mainstream financial infrastructure.

BlockBeats News, April 18th. The U.S. SEC released a document (34-105260), disclosing a rule change proposal submitted by the NYSE to formally introduce a "Tokenized Securities" trading framework.

According to the proposal, NYSE plans to add Rule 7.50, allowing eligible securities to be traded and settled in a blockchain-based "tokenized form" alongside traditional form. This arrangement will operate under the DTC pilot program. Key mechanisms include:

Tokenized securities will share the same trading symbol (CUSIP) and ownership structure as traditional stocks, with full fungibility;
In the matching engine, tokenized securities will have the same execution priority as traditional securities, unaffected by their form;
Market participants can choose on-chain settlement using a "tokenization flag," with specific handling carried out by custodians.

In addition, NYSE also plans to simultaneously modify order ranking, routing, and clearing rules to align with the trading process of tokenized securities, ensuring seamless integration with the existing market structure.
From a market perspective, this proposal signifies that U.S. traditional stock exchanges are formally exploring the integration of blockchain technology into core trading and settlement systems. If approved, this may become a significant milestone for "on-chain securities" entering mainstream financial infrastructure.

16:47

Five Iran-Linked Oil Tankers Change Course to Avoid U.S. Navy on Route to Malaysia

BlockBeats News, April 18th, according to

WSJ

report, data from Lloyd's List Intelligence shows that at least five Iran-linked oil tankers traveling from the Arabian Gulf to Malaysia have changed course since the US Navy announced it would intercept vessels carrying Iranian oil in international waters.

The Suezmax oil tanker

Kariz

, flying the Iranian flag and carrying 1 million barrels of Iranian crude oil, was originally headed to Malaysia and Singapore but deviated from its course Friday morning near Sri Lanka. Another sanctioned Very Large Crude Carrier (VLCC)

Andromeda

carrying nearly 2 million barrels of oil also altered its course in the Indian Ocean while en route to Southeast Asia.

On Friday, the oil tankers

Amak

and

Elisabet

sailing empty reversed course in the Arabian Gulf as they were heading towards the Strait of Hormuz and approaching US Navy vessels. Both of these vessels are subject to US and EU sanctions.