🚨 SEC faces significant challenges from Wall Street regarding the new digital currency exemption mechanism!
Recent reports have announced that the U.S. Securities and Exchange Commission (SEC) is facing strong opposition from major players on Wall Street such as JPMorgan Chase, Citadel, and SIFMA, regarding the new exemption mechanism for digital currencies set to be implemented next January.
💡 The main point?
The disagreement revolves around the regulatory framework for tokenized securities (Tokenized Securities or Real-World Assets - RWA).
📌 During closed meetings, both parties expressed significant disagreements on how to regulate these digital assets.
🔹 SEC wants to clarify the path for digital securities.
🔹 Meanwhile, major financial firms fear the potential impacts on the traditional market.
⚡ This conflict highlights the ongoing tension between regulatory bodies and financial institutions in the rapidly evolving world of digital assets.
❓ The question now is: Will the SEC succeed in enforcing its system, or will Wall Street impose its own conditions?
🔗 Share your thoughts in the comments, and let us know: Do you see regulation as a positive step or a new challenge for the financial sector?
$RWA
