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TechFlow, July 10 — According to Dlnews, SEC Commissioner Peirce released an open letter on Wednesday stating clearly that despite the power of blockchain technology, it cannot change the legal nature of underlying assets. Tokenized stocks remain securities and must comply with regulations under the Securities Exchange Act.
According to Dlnews, SEC Commissioner Peirce stated in an open letter on Wednesday that despite the power of blockchain technology, it cannot alter the legal nature of underlying assets. Tokenized stocks are still securities and must comply with regulations under the Securities Exchange Act.
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