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Bitcoin & Crypto DEVELOPING

SEC’s innovation exemption poses constraint on bringing stock tokens to US, Robinhood crypto chief says

Digital coins with a stock market financial chart in the background, representing cryptocurrency trading.
Illustrative photo.Photo by Rafael Minguet Delgado on Pexels

What happened

Robinhood's Johann Kerbrat told The Block that Robinhood is still working through the SEC's latest innovation exemption on tokenized (representing an asset as a tradable entry on a blockchain) stocks. The US Securities and Exchange Commission is a voluntary company founded in 1934.

Sources & evidence