#sec批准代币化nms股票交易临时创新豁免
👉 股票要上链了，群里聊
The SEC has opened a five-year window ⚖️
Tokenized US stocks are allowed to trade in a regulated, licensing-based market-making pool.
This arrangement is called a temporary innovation exemption—with conditions.
On the same day, the CFTC also expanded the scope of its software exemptions.
On the Senate side, the CLARITY Act failed 49 to 50.
With legislation stalled, regulators took a step first.
A licensing-based pool needs a whitelist, and retail investors may not be able to get in.
After stocks are put on-chain, the processes for settlement and transfer will be rewritten.
Market makers must obtain licenses, and the anti–money laundering requirements won’t be able to be avoided.
Both brokers and market makers are waiting to see the implementation details.
On-chain transactions happen in real time, and the idea of something like T+0 is no longer unusual.
If retail investors want to get in, they’ll have to take a detour through a compliant channel.
As compliant pools are built, the costs will be passed on through trading fees.
When the news broke, UNI rose from $6.63 to $8.49.
For crypto, this opens a path back into the brokers’ old territory.
Do you think tokenized stocks will change trading habits? Let’s discuss in the comments.
👉 股票要上链了，群里聊
The SEC has opened a five-year window ⚖️
Tokenized US stocks are allowed to trade in a regulated, licensing-based market-making pool.
This arrangement is called a temporary innovation exemption—with conditions.
On the same day, the CFTC also expanded the scope of its software exemptions.
On the Senate side, the CLARITY Act failed 49 to 50.
With legislation stalled, regulators took a step first.
A licensing-based pool needs a whitelist, and retail investors may not be able to get in.
After stocks are put on-chain, the processes for settlement and transfer will be rewritten.
Market makers must obtain licenses, and the anti–money laundering requirements won’t be able to be avoided.
Both brokers and market makers are waiting to see the implementation details.
On-chain transactions happen in real time, and the idea of something like T+0 is no longer unusual.
If retail investors want to get in, they’ll have to take a detour through a compliant channel.
As compliant pools are built, the costs will be passed on through trading fees.
When the news broke, UNI rose from $6.63 to $8.49.
For crypto, this opens a path back into the brokers’ old territory.
Do you think tokenized stocks will change trading habits? Let’s discuss in the comments.
