by PillarsX Research | May 19, 2026 | Programmable Compliance & Verification
SEC tokenized stock innovation exemption: The U.S. Securities and Exchange Commission plans to publish an innovation exemption for tokenized stocks as soon as this week, targeting an issuance on or around May 18, 2026. The exemption may let crypto platforms offer...
by PillarsX Research | May 18, 2026 | Stablecoins & Digital Settlement
MiCAR and the EMT Standard: Why Institutional Stablecoin Infrastructure Can No Longer Wait The July 1, 2026 MiCAR deadline ends the transitional period for crypto-asset service providers across the EU. After this point, entities providing crypto-asset services without...
by PillarsX Research | May 18, 2026 | Global Markets & Infrastructure Insights
The global financial architecture is undergoing its most consequential structural transformation since Bretton Woods. The Bank for International Settlements has moved from concept to implementation — and the institutions that position their infrastructure within this...
by PillarsX Research | May 18, 2026 | Programmable Compliance & Verification
Programmable Compliance: How FHE Solves the Institutional Privacy Gap Institutions joining the DTCC tokenization launch in July 2026 face a structural contradiction: the CLARITY Act demands verifiable on-chain transparency, while banking secrecy law and competitive...
by PillarsX Research | May 18, 2026 | Tokenization & Autonomous Finance
DTCC Tokenizes the Russell 1000: Why Every Custodian Needs a Settlement Identity Now DTCC — the organization that processes post-trade settlement for the global financial system — has set a production date for tokenized securities. July 2026 marks the beginning of the...
