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The White House and SEC are proposing major updates to how we think about the integrity of market data in an onchain economy.
Both the recent WH Report and SEC’s ‘Project Crypto’ call for updates to Reg NMS, the rulebook for U.S. market data, to handle tokenized securities and other RWAs.
Their answer? Amend it.
And, per the White House, consider using oracles, aggregators, and DeFi infrastructure to collect bids, offers, and other market data.
Reg NMS ensures that traditional markets remain fair and competitive by requiring brokers to route orders to the best available price, mandating consistent data across venues, and preventing any single exchange from dominating the market.
Applying this to crypto doesn’t require reinventing the wheel. It requires connecting the data that’s already out there, allowing us to extend the infrastructure and protocols already built.
At @chaos_labs, we’re building infrastructure that solves for this. Not just serve as a price oracle for onchain assets, but rather for any asset, aggregating data from all relevant sources.
Next-gen oracles will stitch together real-time, tradfi, onchain, and general market data across protocols, agents, exchanges and more.
The Digital Assets Report is 158 pages. It mentioned oracles on 4 pages.
It's a start :)


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