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SEC Grants Temporary Exemption for Tokenized Crypto Stocks Amid CLARITY Act Setback

Guavy AI Editorial Team
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The US Senate failed to advance the CLARITY Act on September 15, falling short of the required 60-vote threshold. The bill aimed to create a comprehensive regulatory framework for digital assets.

Two days later, the SEC announced a temporary Innovation Exemption that will allow eligible tokenized crypto stocks to trade more widely in the US.

The exemption is conditional and designed to let tokenized NMS stock be traded using innovative permissioned automated market makers and liquidity pools.

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