SEC has opened a five-year route for U.S. stock trading to be executed on-chain. According to CryptoSlate, this happened two days after the Senate failed to advance the CLARITY Act.
The bill was originally meant to establish rules for digital assets. But it got stuck, while regulators moved first.
It concerns the $7.7 trillion U.S. stock market.
Here’s the key takeaway for beginners: in the future, when buying U.S. stocks on-chain, the rules may come from SEC exemptions rather than legislation from Congress. This distinction determines whether it can hold up in the long run.
Not investment advice.
#BTC
The bill was originally meant to establish rules for digital assets. But it got stuck, while regulators moved first.
It concerns the $7.7 trillion U.S. stock market.
Here’s the key takeaway for beginners: in the future, when buying U.S. stocks on-chain, the rules may come from SEC exemptions rather than legislation from Congress. This distinction determines whether it can hold up in the long run.
Not investment advice.
#BTC