$STRC and $MSTR Get Green Light for 24/7 Trading Under SEC Exemption
Michael Saylor, CEO of Strategy Inc., made an announcement that could have significant implications for the trading of two specific tokens. According to Saylor, the U.S. Securities and Exchange Commission's (SEC) innovation exemption permits 24/7 on-chain trading of $STRC and $MSTR through qualifying venues.
This development comes as the SEC's proposed regulatory framework for tokenized securities faces delays in its rollout. The market reaction to Saylor's statement may reflect increased interest in $STRC activity under this proposed framework, with some participants showing a 73% likelihood that STRC will reach $100 by December 31.
The final rulemaking has yet to be confirmed, which may influence market expectations and any strategic moves by Strategy Inc. Observers will closely monitor official announcements from the SEC regarding the innovation exemption framework, as developments in regulatory approval could significantly impact STRC's activity and price movement.