🚨BREAKING: SEC SAYS TOKENIZED ASSETS ARE SECURITIES FIRST, TECHNOLOGY SECOND The SEC emphasized that tokenized securities remain fully subject to U.S. securities laws, making clear that moving assets onchain does not change registration, disclosure, or compliance requirements. The agency also split the market in two: 1. Issuer-backed tokenized securities: where onchain transfers represent true ownership with full shareholder rights, and 2. Third-party issued tokens: which provides only synthetic economic exposure rather than direct ownership.(Coin Bureau)