The Perfect Marriage Between Corporate Treasury And The Banks?
Tokenization and Programmable Money
What you'll learn
In this course we will explore in three modules how tokenization is transforming corporate treasury and banking; a look at the regulatory and technological challenges that are slowing down the adoption of distributed ledger technology (DLT) and tokenization. With real-world use cases and expert insights, this course will give you a comprehensive understanding of the future of finance.
Module 1:
Why Tokenization is the Perfect Marriage Between Corporate Treasury and Banks - In this module, we’ll explore how tokenization can significantly improve corporate liquidity, which is why banks are so interested in programmable money.
Lesson 1:
Why Improving Corporate Liquidity Matters - Learn why enhanced corporate liquidity is critical for businesses and how tokenization can unlock new liquidity opportunities.
Lesson 2:
Why Programmability of Money and Payments Excites Banks - Discover how programmable money allows banks to optimize payments and automate transactions in ways never before possible.
Lesson 3:
Real-World Use Cases of Programmability of Payments - Explore real-life examples of how programmable payments are already reshaping the banking and finance sectors.
Module 2:
Banks and Regulators Aren’t Moving Fast Enough to Adopt DLT and Tokenization – What’s the Answer? This module examines the reluctance of banks and regulators to fully embrace public blockchains and discusses potential solutions through private blockchain standardization.
Lesson 1:
Banks and Regulators Have Concerns About Public Blockchains – It’s About Control - Understand the control concerns banks and regulators have about public blockchains and the reasons for their hesitation.
Lesson 2:
The Significance of Shared and Unified Ledgers to Banks - Learn why shared and unified ledgers are crucial for improving efficiency in banking and finance.
Lesson 3:
Standardizing Private Blockchains Through Consortiums - Explore how consortium-based private blockchains could be the solution for banks hesitant to adopt public blockchain technology.
Module 3:
Regulatory Roadblocks in the US – Uncertainty & Enforcement-Mode Only - In this module, we focus on the current regulatory hurdles in the U.S., particularly those imposed by the SEC, and the impact of enforcement-driven approaches on innovation in crypto assets and tokenization.
Lesson 1:
The SEC and Their Enforcement-Mode Only Approach - Explore the SEC's regulatory stance on crypto and tokenization, and why enforcement-only approaches create uncertainty.
Lesson 2:
Defining a Security in the US – The Howey Test - Understand the Howey Test, which is used to determine whether an asset is a security under U.S. law.
Lesson 3:
Custodial Rules for Banks - Learn about the current custodial rules banks must adhere to when holding digital assets.
Lesson 4:
Custodianship is a Big Issue – What Are the Options? - Explore the various custodianship models available and the challenges banks face in implementing them.
Lesson 5:
SEC's Staff Accounting Bulletin No. 121 (SAB 121) – Why It’s Prohibitive for Banks and Crypto Assets - Discover why SAB 121 has become a barrier for banks seeking to hold crypto assets.
Lesson 6:
The Fight for Stablecoins - Dive into the ongoing battle over stablecoin regulation and how it impacts the broader financial ecosystem.
Lesson 7:
The Battle for Crypto-Friendly Banks - Learn about the growing competition among banks to be seen as crypto-friendly and what it means for the future of banking.
Lesson 8:
What’s Better for Traditional Financial Services – Public or Private Blockchains? - Explore the pros and cons of public vs. private blockchains in the context of traditional financial institutions.
Lesson 9:
The Elon Musk Factor - Discuss how high-profile figures like Elon Musk are influencing the adoption and perception of crypto assets and blockchain technology.
In summary, this course will guide you through the intersection of tokenization, banking, and regulation, helping you understand both the opportunities and the challenges ahead. Whether you’re a financial professional, investor, or curious learner, this course will provide you with the insights needed to navigate this rapidly changing landscape.