Odaily News Citadel Securities sent a letter to the SEC's encryption task force, warning that advancing tokenization of securities without a clear regulatory framework could disrupt the market, mislead investors, and undermine liquidity in traditional stock markets. The company calls for promoting financial innovation through formal legislative processes and opposes regulatory arbitrage. (CoinDesk)
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Citadel Securities warns the SEC not to rush in advancing tokenization securities rules.
Odaily News Citadel Securities sent a letter to the SEC's encryption task force, warning that advancing tokenization of securities without a clear regulatory framework could disrupt the market, mislead investors, and undermine liquidity in traditional stock markets. The company calls for promoting financial innovation through formal legislative processes and opposes regulatory arbitrage. (CoinDesk)