1. Nasdaq Approved for Securities Tokenization Settlement Pilot to Upgrade Traditional Market Infrastructure link

The U.S. SEC has approved Nasdaq’s rule amendments to allow clearing and settlement of certain securities in tokenized form under the DTC Tokenization Pilot framework. Eligible market participants may select tokenized settlement via an order flag. The relevant securities must share the same CUSIP, trading symbol, rights and obligations as traditional securities, and trade on the same order book with equal priority. Initially, the scope covers Russell 1000 component stocks and select major index ETFs.

2. SEC Proposes Crypto Regulatory Framework, Plans Funding Exemptions, Safe Harbor and Clear Asset Classification link

US SEC…