#SECApprovesBitcoinIndexOptionsNasdaq
📉 SEC postpones launch of tokenized US stocks
BTC drops to $75k on news, dragging $530M in alts and long liquidations.
The SEC has not yet allowed crypto exchanges to launch tokenized stock trading due to pressure from traditional stock exchanges.
If approved, a lot of capital from the stock market could enter crypto. But for now, this direction has been put on hold. #SEC #US
BTC
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