SEC: Tokenization Exemption Sparks Blockchain Questions
Eleanor Terrett reports the SEC's tokenization exemption is raising questions over which blockchains qualify as public and permissionless, specifically Canton and Ethereum L2s, while more companies object to share tokenization.
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SEC tokenization exemption is drawing fresh scrutiny on blockchain eligibility, with Canton and Ethereum L2s at the center of debate over what counts as public and permissionless, according to Eleanor Terrett. More companies are pushing back against forced share tokenization.
Ethereum trades at $2399.96 inside the Bollinger band, testing resistance near the upper band at $2504.66 while the MACD death cross at -9.23 and price below the EMA50 at $2432.88 reinforce the bearish structure; a retracement toward the lower band support at $2356.28 appears the next logical step before any sustained move higher.
Eleanor Terrett
@EleanorTerrettBritish-born Fox Business journalist and producer, JMU graduate breaking news with a global perspective.