Why a new SEC plan could end the legal headaches of holding tokenized securities

The head of OTC trading at Blockchain.com stated that Bitcoin is nearing the end of a bear market and a short-term pullback will bring buying opportunities. （Bitcoin Archive）

The price of Binance Niulai/USDT has reached a historic high, now trading at 0.1198 US dollars, up 45.40% in 24 hours, with a turnover of 38.56 million US dollars. After reaching a new high in price, there is a high probability of a price correction. (AiCoin Research Institute)

Ophelia Snyder, co-founder of 21Shares, stated that the ethics clause in the CLARITY Act is a common obstacle in financial legislation and pointed out that it misses the opportunity to achieve comprehensive regulation.

US Senator Cynthia Lummis stated that the Clarity Act includes over 100 modifications requested by the Democratic Party and called for its swift passage. （Bitcoin Archive）

The SEC's new proposal to overhaul transfer-agent rules could eliminate duplicate offchain shareholder records, reducing reconciliation costs and legal uncertainty for tokenized securities.