SEC Commissioner Peirce counters views that crypto rule will foster synthetic tokens
26 Articles
26 Articles
‘Not for synthetics’ - SEC to limit innovation exemption scope for tokenized stocks
The post ‘Not for synthetics’ – SEC to limit innovation exemption scope for tokenized stocks appeared on BitcoinEthereumNews.com. The much-awaited innovation exemption for tokenized stocks will likely be limited in scope than previously expected. In a statement on X (formerly Twitter), SEC Commissioner Hester Peirce said the exemption will not cover synthetics. I’ve always expected that it’d be limited in scope & would facilitate trading only o…
$BTC Drops $2,600 Amid A $55B Market Wipeout After SEC’s Delay On Exemption Model
The crypto market is facing another sheer downtrend following the announcement of the U.S. SEC’s latest decision. In this respect, the U.S. SEC is delaying the exemption model for tokenized cryptocurrency stock trading. As per the data from Bull Theory, this decision has led to a $2,600 drop in Bitcoin’s ($BTC) price. In addition to this, the total market capitalization of $BTC has experienced a $55B wipeout. BREAKING: Bitcoin fell -$2600 in 24…
Bitcoin liquidations hit $320M on SEC stock news
Bitcoin liquidations surpassed $320 million in longs on May 22 after the SEC unexpectedly delayed its tokenized stock plan. The SEC delayed a plan on May 22 to provide broad exemptions for US crypto firms to trade tokenized assets linked…
The SEC's review of tokenized shares is ongoing. A final decision has not yet been reached. Source: BTC-ECHO
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