Definition ∞ Clearing Settlement represents the process of finalizing financial transactions by exchanging assets and funds between parties. This involves verifying transaction details, calculating obligations, and ensuring the secure transfer of ownership. In traditional finance, clearinghouses facilitate this, reducing counterparty risk. For digital assets, blockchain technology often handles these functions directly.
Context ∞ The topic of clearing settlement in crypto often highlights the purported efficiencies of decentralized systems, which can execute atomic swaps without traditional intermediaries. However, regulatory bodies examine these processes closely to ensure consumer protection and systemic stability. News frequently covers discussions about integrating digital asset clearing with existing financial infrastructure or the development of new, compliant solutions.
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