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Wintermute urges SEC to exempt on-chain settlement from legacy rules

Over-the-counter (OTC) platform Wintermute Trading has urged US regulators to exempt dealers from existing rules when settling tokenized securities on blockchain networks, arguing that decades-old regulations are stifling innovation in digital asset markets. In a follow-up submission to the Securities and Exchange Commission's Crypto Task Force, the London-based firm pressed for clarity on two key [...]

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