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A new bill in Congress, the CLARITY Act, could allow companies to bypass SEC regulations by tokenizing shares on blockchains. Senator Elizabeth Warren warns this may erode investor protections and destabilize traditional markets. The debate highlights a growing divide over crypto regulation.
- The CLARITY Act could allow NYSE-listed firms to tokenize shares, bypassing SEC disclosure requirements.
- Critics warn the bill weakens investor safeguards, while proponents argue it modernizes outdated regulations.
- Political divisions persist, with Trump backing the bill and Democrats like Warren opposing it as a loophole.
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