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The SEC Steps In to Ease Crypto’s Path After Big Legislative Loss
The SEC said it plans to ensure progress continues on crypto rules.Credit: J. David Ake / Getty ImagesKey TakeawaysThe SEC on Thursday rolled out a temporary exemption of existing securities laws that facilitates trading of tokenized stocks. The move follows Congress’ failure to advance the Clarity Act for crypto regulation.Federal agencies are stepping up their support for digital assets after a major disappointment for the cryptocurrency industry in Congress earlier this week.The Securities and Exchange Commission on Thursday handed the industry what is effectively a hall pass, in the form…
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