The Brazilian securities regulator has directly set up a 120-day working group to take on the toughest task of tokenization head-on, making it clear that it intends to pave the regulatory road for security tokens.

Fellas in Latin America are handling this without any delay—more decisive than some places that just talk innovation. The tokenization narrative gets another boost; don’t expect a pump in the short term, but for the long run, the real good news is regulatory implementation.

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