🇺🇸JUST IN: Crypto exchange OKX and NYSE owner ICE have OFFICIALLY filed with the SEC to bring 63 NYSE stocks on-chain. Their joint venture, OKXICE, wants to offer tokenized shares of the NYSE-listed companies, per Bloomberg. It's one of the first major crypto exchanges to use the SEC's new rules for trading tokenized stocks. Companies will get 30 days to opt out before trading can begin.

The US has made it clear: it is NOT going to wait for the CLARITY Act. The Senate blocked it 49-50. 48 HOURS later, the SEC approved on-chain trading of tokenized US stocks. Then the CFTC told Wall Street to prepare for MASS TOKENIZATION. And this month, a $114 TRILLION Wall Street giant is set to launch its tokenization service. Here's everything else that's happened since the vote: 1. CFTC sent its new rules for crypto trading and crypto markets to the White House 2. SEC proposed new crypto custody rules for advisers and funds 3. SEC approved the first 3x leveraged Bitcoin and Ether ETPs 4. SEC gathered NYSE, Nasdaq, Citadel Securities and Robinhood to plan 24-hour stock trading 5. Treasury is reportedly weighing a push for dollar stablecoins overseas 6. White House blamed the big banks for killing the bill 7. NYSE signed a deal to bring tokenized stocks to 44 MILLION crypto accounts 8. BlackRock, DTCC, Visa and Mastercard became validators on Circle's new Arc blockchain 9. Community banks sued to stop crypto firms getting federal trust charters 10. Bitcoin ETFs pulled in $3 BILLION in 9 straight days And what's coming next: - DTCC, which holds over $114 TRILLION in assets, is set to launch its tokenization service in October - US stocks are set to trade 23 hours a day from December 6 - CLARITY can still come back, after Sen. Tillis filed a motion to reconsider But one thing is clear, crypto is moving forward with or without the CLARITY Act.

This is HUGE. The SEC has OFFICIALLY proposed new rules for how financial advisers and funds can hold crypto, including through self-custody in some cases. Here's what the proposal would do: 1. Self-custody allow crypto to be held in self-custody under certain circumstances 2. State trust companies let them act as custodians for client and fund crypto 3. Crypto advice remove barriers that stop advisers from giving crypto-related investment advice 4. Crypto funds let regulated funds offer a wider range of crypto investment strategies SEC Chair Paul Atkins says parts of the old custody rules "predate the internet," and that the proposal would give advisers and funds "a compliant pathway where none existed before." The public will have 60 days to comment once the proposal is published, before any final vote.