SEC: Five-Year Tokenized Stocks Exemption
SEC grants five-year exemption for tokenized stocks while CFTC issues no-action letter for non-custodial wallets after Clarity Act cryptocurrency legislation failure.
SourceAnalysis
SEC and CFTC advanced crypto rules after Clarity Act cryptocurrency legislation failure by deploying existing powers, with the SEC issuing a five-year exemption for tokenized stocks and the CFTC releasing a no-action letter covering non-custodial wallets, Henri Arslanian reported.
Henri Arslanian
@HenriArslanianCo-Founder, Nine Blocks - Crypto Hedge Fund - ex-PwC Crypto Leader - Author “The Book of Crypto”, Host of Crypto Capsule™ and Future of Money Podcast/Newsletter