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The content is provided under a Creative Commons license, and support for MIT OpenCourseWare is encouraged to maintain free educational resources. Gary Gensler leads a discussion on clearing and settlement systems, referencing insights from Jeff Sprecher, who runs major clearing houses at the Intercontinental Exchange. Sprecher expressed uncertainty about the role of blockchain technology in these systems but mentioned his interest in trying a Bitcoin project. The discussion aims to explore potential developments and implications in clearing and settlement beyond the current understanding, focusing on the intersection of traditional systems and emerging technologies like blockchain.
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