New SEC Guidance Allows Security Tokens to Trade Directly With #Bitcoin .

SEC allows direct trading between security tokens and assets like Bitcoin without fiat conversion.

Broker-dealers can treat proprietary stablecoins as readily marketable with a 2% haircut.

ATS broker-dealers may combine brokerage, custody, and clearing if laws are met.

SEC permits crypto ETP trades under its Regulation M framework if rules are followed.

#Crypto