Connect with us

Hi, what are you looking for?

Crypto News

BREAKING: Galaxy Digital Pushes SEC to Add AMMs Under Tokenization Exemption

BREAKING: Galaxy Digital Pushes SEC to Add AMMs Under Tokenization Exemption

Mike Novogratz’s Galaxy Digital says automated market makers (AMMs) are not “exchanges” under the Exchange Act and liquidity providers on such AMMs are not “dealers” under the statutory dealer-trader distinction. The crypto firm urges the US SEC to permit tokenized securities trading on AMMs under the innovation exemption framework. Ad Ad Galaxy Digital Urges SEC

The post BREAKING: Galaxy Digital Pushes SEC to Add AMMs Under Tokenization Exemption appeared first on CoinGape.

You May Also Like

World News

US Secretary of State Marco Rubio will discuss the possibility of deporting suspected Tren de Aragua gang members to El Salvador in an upcoming...

Crypto News

Stablecoins:- India’s digital payments leadership is reshaping global finance. Yet, one layer remains stuck in inefficiency: cross-border transactions. Remittances and trade payments still rely...

Crypto News

In a recent interview, Ripple Co-founder Chris Larsen spoke on why he is backing Kamala Harris, despite the recent criticism. Notably, the blockchain firm...

Crypto News

Trends:- A former Find Satoshi Lab (FSL) leader Mable Jiang has announced the launch of a new social protocol project – called Trends. The...