POPA ReconSEC Considers Allowing Stock Price-Following Token Transactions Without Approval or Consent From Listed Companies
SEC Considers Allowing Stock Price-Following Token Transactions Without Approval or Consent From Listed Companies Third-party tokens are a new speculative tool for predicting the direction of stock prices, which can be traded on a decentralized cryptocurrency platform, but not all tokens offer the same benefits as regular stocks such as voting rights or dividends. It will experiment for years whether parallel markets for listed stocks can function away from parts of the regulatory framework put in place to ensure fair pricing, transparency and investor protection. "If a third party can toke…
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