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SEC delay on tokenized stocks is a relief, opinion says

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2026-06-23 14:14:42
The SEC’s delay in moving toward tokenized U.S. equities is a relief because current compliance tools are too checkbox-driven to catch context-based fraud and cross-jurisdiction risks, according to CoinDesk, citing an opinion column by Dr. Ravishankar Chamarajnagar. The piece points to cases including Lazarus Group’s use of Tornado Cash and the Ronin Bridge, FTX’s commingling of customer funds, and a Mango Markets oracle hack, arguing “cognitive compliance” must be built within 12-24 months to protect retail investors. It also cites investor Michael Burry as a warning example.
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