SEC Considers Crypto-Style Stock Trading
The SEC is considering frameworks for stocks to trade like cryptocurrencies, focusing on tokenized equities with NYSE and ICE. #Update #Legal
Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
The SEC is considering frameworks for stocks to trade like cryptocurrencies, focusing on tokenized equities with NYSE and ICE. #Update #Legal
@Cointelegraph reports that Dragonfly’s Rob Hadick warns SEC’s push for tokenized stocks may benefit TradFi more than crypto, as institutions seek control over their own blockchains. #Update #Crypto $ETH
Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), announced collaboration with the Commodity Futures Trading Commission (CFTC) to harmonize regulations, enhancing clarity for U.S. markets and fostering innovation in cryptocurrency. #Update #Crypto $BTC
The U.S. SEC allows crypto custody at state-chartered trust companies, easing compliance for firms like @Coinbase and @Kraken, amid ongoing regulatory discussions. #Update #Crypto $BTC $ETH
The SEC will not enforce actions against advisors using state-chartered crypto custodians, potentially increasing digital asset custodian options. #Update #Crypto
The White House has withdrawn Brian Quintenz’s nomination for CFTC chair, ending a contentious process amid opposition from crypto figures like the Winklevoss twins. Quintenz plans to return to private sector work. #Update #Crypto
The White House withdrew Brian Quintenz’s nomination for CFTC chair, ending his bid to lead the derivatives regulator. Quintenz was active in crypto regulation discussions. #Update #Regulation
The White House has withdrawn Brian Quintenz’s nomination to chair the Commodity Futures Trading Commission, marking a significant change in regulatory leadership. Quintenz expressed gratitude for the opportunity. #Update #Legal
The U.S. SEC has issued guidance allowing investment advisers to use state-chartered trust companies as qualified custodians for crypto assets, enhancing custody options for firms like @Coinbase and @Ripple. #Update #Crypto $XRP
@SEC grants DoubleZero a no-action letter, allowing token issuance for decentralized infrastructure without triggering securities laws, praised by DeFi advocates. #Update #Crypto $2Z
U.S. regulators, SEC and CFTC, unite to streamline crypto oversight, signaling a new era of policy coordination and innovation. #Update #Crypto
REXShares’s Solana staking ETF ($SSK) has $338M AUM, the first US-listed ETF with spot Solana and staking rewards. Nine other spot Solana ETFs await SEC review. #Update #ETF $SOL
SEC Commissioner Hester Peirce endorses DePIN and RWA tokenization projects, emphasizing their innovative potential amid regulatory scrutiny on DoubleZero’s token distributions. #Update #Crypto $FIL $GRT $TAO
The U.S. SEC prioritizes cryptocurrency regulation, with Commissioner Paul Atkins warning of risks from fragmented oversight; cooperation with the CFTC aims to enhance clarity and support innovation. #Update #Crypto $BTC $ETH