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SEC grants five-year exemption for tokenized stock trading

The U.S. Securities and Exchange Commission unveiled a five-year exemption allowing platforms to facilitate trading in blockchain-based, or tokenized, stocks and other securities with fewer rules than traditional stock exchanges.

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S. Securities and Exchange Commission on Thursday unveiled a five-year exemption allowing platforms to facilitate trading in blockchain-based, or tokenized, stocks and other securities without complying with many rules that apply to traditional stock exchanges such as N…