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US Cryptocurrency Policy Report Expected to Include Stance on Tokenization and Market Definition Legislation
Summary: According to Reuters, the cryptocurrency working group established by US President Trump is set to release a report on Wednesday local time, expected to outline the government's stance on tokenization and market definition legislation, as well as other crucial issues for the digital asset industry. Sources reveal that these objectives include ensuring the SEC establishes ...
According to Reuters, the cryptocurrency working group established by US President Trump is set to release a report on Wednesday local time, expected to outline the government's stance on tokenization and market definition legislation, as well as other crucial issues for the digital asset industry. Sources reveal that these objectives include ensuring the SEC establishes a framework for companies to issue blockchain-based stocks and bonds; the report will also discuss the government's wishlist for the broad regulatory legislation on cryptocurrencies currently being debated in Congress; the report is expected to acknowledge the need for the SEC to develop a tokenization framework, but the specific wording is still unclear. Additionally, the report will outline the White House's expectations for the market structure legislation currently under consideration in Congress.
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