Distributed Ledger Technology and Secured Transactions

World Bank2020-06-262020-06-262020-05https://hdl.handle.net/10986/34008This guidance note focuses on the regulatory implications that the deployment of distributed ledger technology (DLT) entails for secured transactions and collateral registry (STCR) frameworks. In particular, it examines the regulatory regimes applicable to three DLT-STCR outputs: (i) the use of digital assets implementing DLT as collateral, (ii) the application of DLT in platforms supporting secondary markets for the valuation and disposal of collateral, and (iii) the application of DLT in collateral registries.CC BY 3.0 IGODIGITAL TECHNOLOGYDISTRIBUTED LEDGER TECHNOLOGYBLOCKCHAIN TECHNOLOGYFINANCIAL TECHNOLOGYINTERNATIONAL FINANCIAL REPORTING STANDARDSANTI-MONEY LAUNDERINGDIGITAL ASSETFINANCIAL REGULATIONDIGITAL COLLATERALSTABLECOINSDistributed Ledger Technology and Secured TransactionsWorking PaperWorld BankNote 2. Regulatory Implications of Integrating Digital Assets and Distributed Ledgers in Credit Ecosystems10.1596/34008