Regulation· ★★★★· bullish·

CFTC and SEC ease rules for crypto developers and tokenized stocks on same day

  • —CFTC: no-action letter 26-25 dated September 17, 10 conditions for developers
  • —Relief extended from Phantom (March 2026) to all passive providers
  • —SEC: five-year exception for tokenized NMS stocks and AMM providers
  • —SEC exception covers only tokens backed 1:1 by real stocks, not synthetics
Why it matters: It reduces regulatory uncertainty for infrastructure and opens the path to on-chain stock trading in the U.S.
#SOL
Source: Coinpaprika News
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