Browsing: grants

Add preferred source The U.S. Commodity Futures Trading Commission issued a no-action position on Thursday allowing providers of “passive software” to connect users to regulated derivatives markets without registering as introducing brokers or associated persons. The guidance expands relief first granted to crypto wallet provider Phantom Technologies in March, creating a broader framework for developers…

US SEC grants 5-Year exemption to launch tokenized stock trading on blockchain venues   World

Two days after the Senate failed to move forward the Clarity Act, theU.S. Securities and Exchange Commissiongranted five-year exemptive relief for the onchain trading ofstock tokensthat are 1:1 backed by the underlying with full voting rights, dividends, proxies, etc.

Add preferred source The U.S. Securities and Exchange Commission has issued a five-year exemption allowing blockchain-based platforms to facilitate trading in tokenized stocks, marking a major step toward integrating digital assets with traditional equity markets. The order, effective immediately, exempts qualifying venues from many exchange rules and relieves liquidity providers from dealer registration requirements. Platforms…

The Securities and Exchange Commission announced Thursday it will allow blockchain-based trading venues to list and trade tokenized versions of publicly traded U.S. stocks without registering as national securities exchanges. The exemption grants so-called “tokenized securities venues” a five-year conditional exemption from the Exchange Act’s definition of an exchange, letting them use automated market makers…