
Crypto Dude
4.7K posts

Crypto Dude
@Augustus2285
Crypto Currency is the future of everything.





BREAKING: SEC has approved NASDAQ’S rule change to enable trading of tokenized securities. In a historic regulatory shift, the SEC has cleared Nasdaq to trade stocks and ETFs as digital tokens, finally merging the speed of blockchain with the world's most powerful equity market. This new system allows digital tokens to exist on the same order book as traditional shares, ensuring they have identical execution priority and investor rights. The approval enables near-instant "T+0" settlement for securities, potentially ending the days of waiting for trades to clear. Initial trading is restricted to major assets, including the entire Russell 1000 Index and top-tier ETFs tracking the S&P 500 and Nasdaq-100. Every tokenized share must be fully fungible with its traditional counterpart, sharing the exact same ticker symbol and CUSIP number. This is big win for tokenization.


Today the SEC released clarifying interpretation of federal securities law applying to "certain crypto assets and transactions". “It also acknowledges what the former administration refused to recognize – that most crypto assets are not themselves securities. And it reflects the reality that investment contracts can come to an end. This effort serves as an important bridge for entrepreneurs and investors as Congress works to advance bipartisan market structure legislation, which I look forward to implementing with Chairman Selig in the near future.” - Paul Atkins SEC Chairman













🚨NEW: Per sources in the room, today’s stablecoin meeting was smaller than last week and included reps from @coinbase, @Ripple, @a16z, plus trade groups @BlockchainAssn and @crypto_council. No individual bank reps attended — bank voices were represented via trade associations @ABABankers, @bankpolicy and @ICBA. Public statements from attendees are once again being described as “productive” and “constructive.” But what does that actually mean? Sources say there was a notable difference today: the White House took the lead in driving the discussion, rather than letting crypto firms and bank trades steer the discussion, as in prior meetings. White House Crypto Council Executive Director @patrickjwitt brought draft text that served as the central focus of the conversation. The language acknowledged concerns banks raised in last week’s “Yield and Interest Prohibitions Principles” document, while making clear that any future restrictions on rewards would be narrow in scope. Earning yield on idle balances, a key crypto industry goal, is effectively off the table. The debate has narrowed to whether firms can offer rewards linked to certain activities. One crypto-side attendee told me bank concerns appear to stem more from competitive pressures than from deposit flight, which had been framed as the original worry. A bank-side source told me they’re still pushing to include a deposit outflow study in the draft — one that would examine the growth of payment stablecoins and their potential impact on bank deposits. The same source said they were encouraged by proposed anti-evasion language that would give the SEC, Treasury, and the CFTC authority to enforce a ban on paying yield on idle balances, with civil monetary penalties of $500,000 per violation, per day. So what’s next? Bank trade groups will brief their members on today’s discussions and gauge whether there’s room to compromise on allowing crypto firms to offer stablecoin rewards. One source said an end-of-month deadline doesn’t seem unrealistic, with talks set to continue in the coming days.



⚡️XRPL ACTIVATES MEMBERS-ONLY DEX FOR WALL STREET The XRP Ledger has enabled its XLS-81 “Permissioned DEX,” allowing only approved participants to trade on-chain. This is designed for regulated institutions that require strict access controls tied to KYC and AML compliance.












