By Aliyu Pokima Key highlights: The SEC has issued a five-year Innovation Exemption allowing qualifying blockchain venues to facilitate trading of tokenized US stocks under certain conditions The newly minted framework requires tokenized stocks to maintain the same rights as their traditional counterparts Tokenized stocks are booming, with cryptocurrency companies angling to offer the products […]
Category: News
By Michael Adeleke Key highlights: Matt Hougan said the CLARITY Act’s failure does not affect the crypto market The Senate rejected a cloture vote on the crypto bill on Sept. 15 Bernstein analysts expect U.S. regulators to move quickly with new crypto rules Bitwise Chief Investment Officer Matt Hougan took back his previous warning that […]
By Nynu Jamal Key highlights: South Korean police have referred 18 Polymarket users over alleged illegal gambling These individuals have allegedly placed combined wagers of $12.7 million The move comes as many countries, including the US, have increased their scrutiny Another major legal challenge has hit prediction market platform Polymarket in South Korea. Police referred […]