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Sir Keir Starmer batted away hecklers during a mammoth speech in which he used his personal experiences to show off his human side as he announced a key climate change policy.

Doreen Lawrence, mother of murdered teenager Stephen Lawrence, introduced Sir Keir before his conference speech by thanking the Labour leader for helping prosecute his murderers when he was a barrister.

During the 90 minute speech, which was his first in-person conference address since he became leader, he hit out at the government, referenced his parents throughout and announced a plan to retrofit millions of homes.

Following five days of ups and downs in Brighton, including successfully getting a new way of voting for a leader through, he put Labour forward as the next party to lead the country.

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Labour leader Sir Keir Starmer being heckled

But he was also heckled by those who may be bigger fans of his predecessor, Jeremy Corbyn, who has criticised Sir Keir at fringe events this week.

However, he brushed them away by saying “shouting slogans or changing lives, conference?” – to which he got cheers from the audience.

He spoke of not being from a privileged background, of his father being a tool maker in a factory and his mum being a nurse in the NHS and her getting a rare arthritic disease for which he could “hardly convey to you the emotion of seeing your mum in that condition”.

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For a leader who has often been accused of failing to show off his personality and any emotion, it appeared important for Sir Keir to connect on an emotional level with Labour members, who listened intently.

He also spoke of being a lawyer and chief prosecutor and how that has helped his approach to politics.

John and Penny Clough, the parents of murdered nurse Jane Clough, were in the front row of the audience and Sir Keir told of them coming to him to get justice for her and how they changed the law – and how crime “will always be a Labour issue”.

Doreen Lawrence speaks at Britain's Labour Party annual conference in Brighton, Britain, September 29, 2021. REUTERS/Hannah McKay
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Doreen Lawrence introduced Sir Keir

Sir Keir said Labour would fast-track rape and serious sexual assault cases and toughen sentences for rapists, stalkers and domestic abusers.

Recognising he came into politics “late in life”, the Labour leader said he was not a career politician and said he was nothing like Boris Johnson, who he said was waging war on traffic cones while he was prosecuting Stephen Lawrence’s murderers.

He also said in 2010 he was helping put terrorists behind bars while Mr Johnson was defending the right not to wear a cycle helmet.

“It’s easy to comfort yourself that your opponents are bad people, but I don’t think Boris Johnson is a bad man, I think he is a trivial man,” he said.

“I think he’s a showman with nothing left to show, I think he’s a trickster who has performed his one trick.”

Leader of the British Labour Party Keir Starmer gestures as he makes his keynote speech at the annual party conference in Brighton, England, Wednesday, Sept. 29, 2021
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Sir Keir was cheered as he set himself apart from the Tories

He promised Labour will “always fund the NHS properly” and would shift the priority of the NHS away from emergency care to prevention, including funding mental health as much as physical health.

“Labour will guarantee that support will be available in less than a month,” he said.

That would include recruiting 8,500 more mental health professionals and ensuring every school has specialist support and communities have mental health hubs.

Another of the Labour leaders key promises is on education and Sir Keir used a famous Tony Blair slogan (“education, education, education”) as he said: “Education is so important I am tempted to say it three times.”

He said Labour will launch the most ambitious school improvement plan, including ensuring children leave school with good qualifications and who are ready to work.

Delegates hold up a red cards as a group of hecklers attempt to interrupt the keynote speech of leader of the British Labour Party Keir Starmer at the annual party conference in Brighton, England, Wednesday, Sept. 29, 2021. (AP Photo/Alastair Grant)
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Delegates hold up a red cards as a group of hecklers attempt to interrupt the keynote speech of leader of the British Labour Party Keir Starmer at the annual party conference in Brighton, England, Wednesday, Sept. 29, 2021. (AP Photo/Alastair Grant)

Theatre, drama and music will not be allowed to collapse, he said as he mentioned he had music lessons with Fat Boy Slim at school.

On the economy, Sir Keir said Labour would support small businesses and invest a minimum of 3% of GDP in science and research and development.

He said the finances inherited from the Conservatives “will need serious repair work” but the approach to taxation will be governed by taxpayers getting the best value for money.

Sir Keir’s shadow cabinet ministers have announced a raft of new policies this week and he added to that by saying climate change – which got a big clap – would be tackled by retrofitting 19 million homes over a decade to save families more than £400 a year on energy bills, with a £6bn a year investment.

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Starmer wants ‘serious’ plan for government from his party

And he hit out at Scottish First Minister Nicola Sturgeon, saying the SNP and the Tories “exploit the constitutional divide” so he was worried about the future of Wales within the Union.

After his speech, the Labour leader was joined by his wife, Victoria, on stage and they left the conference hall to the Fat Boy Slim song “Right here, right now” – plus a standing ovation.

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US financial markets ‘poised to move on-chain’ amid DTCC tokenization greenlight

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US financial markets ‘poised to move on-chain’ amid DTCC tokenization greenlight

Traditional financial markets are moving rapidly onchain as the US Securities and Exchange Commission chair doubled down on the idea of an “innovation exemption” to accelerate tokenization.

“U.S. financial markets are poised to move on-chain,” wrote Paul Atkins, chair of the SEC, in a Friday X post, adding that the agency is “embracing new technologies to enable this onchain future.”

His comments come shortly after the SEC issued a “no action” letter to a subsidiary of the Depository Trust and Clearing Corporation (DTCC), enabling it to offer a new securities market tokenization service.

The DTCC plans to tokenize assets, including the Russell 1000 index, exchange-traded funds tracking major indexes and US Treasury bills and bonds, which Atkins called an “important step towards onchain capital markets.”

“On-chain markets will bring greater predictability, transparency, and efficiency for investors,” he said.

However, the green light for the DTCC’s pilot is only the beginning, as the SEC will consider an innovation exemption to enable builders to start “transitioning our markets onchain,” without being burdened by “cumbersome regulatory requirements,” added Atkins.

Source: Paul Atkins

Atkins pledged to encourage innovation as the industry moves toward onchain settlement, which would mean settling transactions on a blockchain ledger, removing intermediaries, enabling 24/7 trading and faster transaction finality.

Related: Crypto nears its ‘Netscape moment’ as industry approaches inflection point

Cointelegraph has contacted the SEC for comment on the details and timeline of an innovation exemption for tokenization.

Atkins first proposed an innovation exemption for tokenization during his remarks at the Crypto Task Force Roundtable on DeFi on June 9.

The SEC’s no-action letter means that the agency won’t take enforcement action if the DTCC’s product operates as described. The DTCC provides clearing, settlements and trading services as one of the most important infrastructure providers for US securities.

Asset tokenization involves minting tangible assets on the blockchain ledger, offering more investor access through fractionalized shares and 24/7 trading opportunities.

Related: Bitcoin treasuries stall in Q4, but largest holders keep stacking sats

DTCC pilot and RWA builders push more TradFi onchain

Crypto analysts have praised the SEC’s move to allow the DTCC’s new market tokenization service, which will award tokenized assets the same entitlements and investor protection mechanisms as traditional assets.

“Not sure people fully appreciate how quickly financial markets are heading towards full tokenization… Moving even faster than I expected,” wrote ETF analyst Nate Geraci, in a Friday X post.

Over the past few months, the SEC issued two no-action letters: one for a Solana-based decentralized physical infrastructure network (DePIN) project, and a second no-action letter in September that allowed investment advisers to use state trust companies as crypto custodians.

Meanwhile, crypto projects continue to raise funds to build the infrastructure necessary for tokenized onchain markets.

On Tuesday, asset tokenization network Real Finance closed a $29 million private funding round to build an infrastructure layer for real-world assets (RWAs) that can boost institutional participation.