THE SEC PROVIDES HUGE GUIDANCE ON CRYPTO WHICH WILL BOOST ADOPTION!
New SEC guidance sharpens crypto rules as tokenization accelerates—XRP Ledger rebounds and payments giants embrace stablecoins.
Key Takeaways
- SEC clarifies securities scope, prompting institutional entry; SEC-CFTC cooperation and CFTC relief for wallets (e.g., Phantom) reduce regulatory friction.
- XRP Ledger adoption surges: ranks fourth in tokenized value, on-chain tokenization rising, and Ripple expands RLUSD custody, brokerage, and settlement services in Brazil.
- Major payments firms link on-chain rails: Mastercard to acquire BVNK (up to $1.8B) and PayPal expands PYUSD, enabling faster, lower-cost settlements and broader tokenized asset access.
- Institutional infrastructure moves on-chain: Moody’s will run a Canton network node for on-chain ratings, while regional banks test Cari on ZK Sync for tokenized deposits.
- Market services consolidate: GSR buys Autonomous and Architect to provide token design, fundraising, market access, and treasury services for token launches.
- Practical tools and offers: iTrustCapital IRA supports crypto and metals IRAs; host promotes a discounted crypto course with lifetime access; sponsors include Odoo and Gardner White.
Original Source
THE SEC PROVIDES HUGE GUIDANCE ON CRYPTO WHICH WILL BOOST ADOPTION!
Visit Source