Several tokenization companies refute a certain exchange's opposition to the CLARITY Act
Previously, a certain exchange withdrew its support for the crypto market structure bill (CLARITY Act), calling it a "de facto ban" on tokenized stocks. However, tokenization companies stated that the bill actually affirms regulated digital securities rather than prohibiting them.
Securitize CEO Carlos Domingo said: "The current draft does not kill tokenized stocks." He believes that the draft merely clarifies that tokenized stocks are still securities and must comply with existing regulations, which is a key step in integrating blockchain into traditional markets.
Dinari CEO Gabe Otte also disagrees with the position of the aforementioned exchange. He said: "We do not believe that the CLARITY draft is a 'de facto ban' on tokenized stocks."
Asset management and tokenization company Superstate, led by Compound founder Robert Leshner, also expressed a similar view. Its General Counsel Alexander Zozos stated that the real value of the bill lies in helping to address the gray area of crypto assets (those not clearly classified as securities), rather than regulating tokenized stocks or bonds. The latter falls under the jurisdiction of the U.S. Securities and Exchange Commission (SEC).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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