‘Latest Statement from the U.S. SEC: Are the Rules for Stock Tokenization Set?’ (Author: Web3’s Little Spinach) This statement systematically defines the classification framework for tokenized securities for the first time and clearly points out—no matter which chain you put the securities on or how fancy the technology you use to package them, securities are still securities, and federal securities laws will regulate them as they always have. The SEC is essentially telling the market: stop playing word games, we care about the economic substance. Traditional financial institutions don’t oppose innovation, but what they’re worried about is ‘regulatory arbitrage’—if on-chain securities can be traded under more relaxed rules, then participants in the traditional market will be at a competitive disadvantage. Read the full article: http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=55868