SEC sets four conditions for on-chain trading of tokenized stocks
- —TSVs must be U.S. residents and comply with OFAC sanctions
- —Access to tokenized NMS stock trading must be permissioned
- —Synthetic tokenized stocks are prohibited; holders have the same rights as with regular shares
- —An issuer may prohibit trading of its shares on a TSV
Why it matters: The rules set the framework for stock tokenization in the U.S. and could accelerate capital inflows into on-chain infrastructure.
Source: PANews
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