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Cryptos Soar After SEC Issues Tokenization Order: Here's What's In It
Cryptos Soar After SEC Issues Tokenization Order: Here's What's In It
Just days after cryptocurrencies tumbled on Tuesday when the CLARITY act failed to pass the Senate, crypto is surging to close out the week after the Securities and Exchange Commission issued an "Innovation Exemption" order which cleared tokenized stocks to trade onchain. The decision sent bitcoin above $81K, but it was the tokenization-focused assets like Solana, Ether and the NEAR protocol as well DeFis, that really soared.
Understandably, the tokens that ran hardest are the ones tied to trading securities onchain: Bitcoin last...
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