Tokenization firms reject Coinbase's crypto bill equities claims
Tokenization firms have pushed back against claims made by Coinbase regarding the classification of certain crypto assets as equities under proposed legislation. They argue that the bill, which aims to clarify the regulatory framework for digital assets, mischaracterizes tokenized assets and could hinder innovation in the sector. The firms emphasize that tokenization should be viewed as a distinct category separate from traditional equities. This disagreement highlights ongoing tensions between crypto exchanges and tokenization companies over regulatory definitions and implications. The outcome of this debate could significantly impact the future of tokenized assets in the market.
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