$IO ๐$PEPE ๐$TFUEL ๐
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๐ก๏ธโกCoinbase is seeking approval from the U.S. Securities and Exchange Commission (#SEC ) to launch a trading service for "tokenized stocks." Paul Grewal, the company's Chief Legal Officer, stated that the plan represents a "top priority" for Coinbase, and if approved, it will put the platform in direct competition with traditional brokerage firms
๐(mansooralrhyb)๐
๐ฃโก like Robinhood. Under the Trump administration, the regulatory environment for cryptocurrencies in the United States improved significantly. The SEC withdrew its 2023 enforcement actions against Coinbase in February of this year. Analysis shows that if the plan is approved, the agency may issue it
๐ก๏ธโก through a "no-action letter." Currently, trading platforms like Kraken offer similar services to users abroad. (Cointelegraph)
