SEC SET TO APPROVE TOKENIZED STOCK TRADING
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The Securities and Exchange Commission is preparing to release an innovation exemption that will allow trading of crypto versions of stocks. The move marks a significant step toward integrating blockchain technology into traditional equity markets.
■ MORE FROM THE CRYPTO DESK
Revolut has entered the stablecoin market with a euro-denominated digital token, joining major banks and payment firms racing to establish digital money solutions. The move reflects growing adoption of stablecoins for cross-border payments and business transactions.
Bitcoin climbed above $80,000 for the first time since mid-May as bullish sentiment returns to the cryptocurrency market. The surge triggered liquidation of billions in leveraged positions.
President Trump said US regulators are working to bring Hyperliquid, a fast-growing crypto platform, into the country. The move represents a significant shift toward bringing major offshore cryptocurrency infrastructure under domestic oversight.
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