🚨NEW: 🇺🇸 SEC is set to unveil major crypto initiatives as soon as Friday as the CLARITY Act stalls in Congress.
The SEC may introduce:
• A tailored regime for certain crypto investment contracts
• An “innovation exemption” for tokenized stocks, potentially enabling 24/7 blockchain-based stock trading
The CFTC is also advancing crypto rules regardless of whether the CLARITY Act passes.
Source: Bloomberg
$OPEN $PROM $STORJ
#SenateDelaysCLARITYActVoteToSeptember
The SEC may introduce:
• A tailored regime for certain crypto investment contracts
• An “innovation exemption” for tokenized stocks, potentially enabling 24/7 blockchain-based stock trading
The CFTC is also advancing crypto rules regardless of whether the CLARITY Act passes.
Source: Bloomberg
$OPEN $PROM $STORJ
#SenateDelaysCLARITYActVoteToSeptember