Tokenization firms reject Coinbase's crypto bill equities claims

Tokenization firms have pushed back against claims made by Coinbase regarding the classification of tokenized equities as securities under a proposed crypto bill. Coinbase argued that tokenized equities should be treated similarly to traditional stocks, which would subject them to strict regulatory oversight. In contrast, tokenization companies assert that their digital assets should not be classified as securities, emphasizing the unique characteristics of tokenized assets. The debate highlights ongoing tensions in the regulatory landscape surrounding cryptocurrencies and tokenization. Stakeholders are closely monitoring the developments as they could significantly impact the future of digital asset regulation.

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