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SEC plan to scrap ‘Rule 611’ a boon for tokenized US stocks: Galaxy

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Galaxy’s Alex Thorn says a plan to scrap rules on stock orders and quotes would remove a major barrier to tokenized stocks trading on decentralized platforms.

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New York AG warns CLARITY Act could weaken state crypto enforcement

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New York Attorney General Letitia James said the federal crypto market structure bill could restrict state regulators and urged Congress to impose stronger consumer protections on digital asset platforms.

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Cross River to enable P2P payments, banking services for X Money

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The banking-as-a-service provider will power X Money’s peer-to-peer payments, FDIC-insured accounts and Visa debit cards as the platform expands its financial services.

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Securitize Capital becomes SEC-registered investment adviser

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The registration expands Securitize’s regulated platform for tokenized assets, adding investment advisory services to its institutional offering.

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