SEC Pushes Plan to Make Stocks Trade Like Crypto on Blockchain

The SEC has consulted on tokenized stocks as Nasdaq has submitted a rule change and crypto platforms have engaged on blockchain models; Hester Peirce has said tokenized securities are still securities, while major market participants have questioned rights and safeguards.
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The Turf War Is Over For Crypto, CFTC Commissioner Caroline Pham Says

Caroline Pham has announced the end of the SEC–CFTC turf war at a joint roundtable that has examined priorities for regulatory harmonization. Remarks from agency leaders and industry voices have pointed to a new phase of coordination.
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EU Moves Toward Shock Stablecoin Ban, Threatening Major Issuers Like Circle and Paxos

EU authorities have debated stablecoin rules and have received support for an EU move toward a ban on multi-issuance models, citing liquidity and reserve risks. Discussions over MiCA safeguards and a digital euro have continued across institutions.
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