SEC Opens Path for Tokenized US Stocks as CFTC Exempts Crypto Wallets From Broker Registration
- —SEC allows tokenized US stocks to trade on public blockchains
- —CFTC exempts crypto wallets and apps from broker registration
- —Actions follow Congress's failure to pass the CLARITY Act
- —Regulators act without a permanent legislative framework
Why it matters: Tokenized equities gain a US regulatory foothold, but the absence of legislation keeps market uncertainty elevated.
Source: Coinfomania