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US SEC Commissioner: Tokenized Stocks Still Considered Securities, Must Comply with Regulations

Summary: In breaking news, US SEC Commissioner Peirce has issued a public letter stating that despite the power of blockchain technology, it cannot alter the legal nature of underlying assets. Tokenized stocks are still considered securities and must comply with regulations under the Securities Exchange Act. (Dlnews)

In breaking news, US SEC Commissioner Peirce has issued a public letter stating that despite the power of blockchain technology, it cannot alter the legal nature of underlying assets. Tokenized stocks are still considered securities and must comply with regulations under the Securities Exchange Act. (Dlnews)

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