Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.
Several tokenization companies have refuted Coinbase's opposition to the CLARITY Act
Svmuu News: Previously, Coinbase withdrew its support for the Crypto Market Structure Act (CLARITY Act), calling it a “de facto ban” on tokenized stocks. However, tokenization companies have stated that the bill affirms the existence of regulated digital securities rather than banning them.Securitize CEO Carlos Domingo said, “The current draft does not kill tokenized stocks.” He believes the draft merely clarifies that tokenized stocks remain securities and must comply with existing rules, which is a key step toward integrating blockchain into traditional markets.Gabe Otte, CEO of Dinari, also disagrees withCoinbase’s stance. He said, “We do not view the CLARITY draft as a ‘de facto ban’ on tokenized stocks.” Superstate, an asset management and tokenization firm led by Compound founder Robert Leshner, expressed a similar view.Its General Counsel, Alexander Zozos, stated that the bill’s true value lies in helping to resolve the gray areas surrounding crypto assets—those that do not clearly fall under the category of securities—rather than regulating tokenized stocks or bonds. The latter fall under the jurisdiction of the U.S. Securities and Exchange Commission (SEC). (CoinDesk)
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice. If you find any violations, please Click to Report
Recommended Reading


