Morning Update: The SEC and OCC initiate the era of cryptocurrency

The SEC issued a no-action letter that permits the launch of tokenized stocks without immediate enforcement risks. The OCC granted national bank charters to Ripple, Circle, and others, signifying a major shift in how crypto is perceived within the banking infrastructure.

These developments enhance the appeal of tokenized assets, allowing for features like 24/7 trading and instant settlements. Analysts believe this may significantly influence investor strategies and boost demand for tokenized stocks in the future.

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