Bitcoin Bancorp put out a release this morning saying they submitted a public comment to the SEC on tokenized stock trading and digital asset infrastructure rules.
It’s tied to an SEC order that gave temporary conditional exemptions for certain trading of tokenized NMS stocks. Their letter asks for a clearer split between actual securities trading intermediaries and companies that just handle the plumbing, identity checks, AML, fiat funding, crypto conversion, wallet stuff, etc….
They say they support the SEC’s limited, data-driven approach, they just want those lines drawn more clearly!
I’ve been watching BCBC for about 2 years now, and this is EXACTLY what i was hoping for!
submitted by /u/Grouchy-Tangerine-30
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