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GDF ANNOUNCES REPORT AND INDUSTRY SANDBOX RESULTS FOR COLLATERAL MOBILITY IN TOKENIZED MONEY MARKET FUNDS IN EUROPE AND THE UK

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Global Digital Finance (GDF), the leading global digital assets members association, announced the results of a working group reporting on the legal certainty of collateral eligibility and the mobility of Tokenized Money Market Funds (TMMF) in Luxembourg, Ireland, and the UK. Ireland and Luxembourg host more than 80% of the MMFs and cross-border funds in Europe and English law governs the
Credit Support Annex (CSA).

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