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18 May 2026, 23:46
SEC to Propose Innovation Exemptions for Tokenized Stocks

The recent report suggests that the U.S Securities and Exchange Commission is expected to introduce exemptions for new innovations for tokenized stocks this week or later on. This comes after the SEC has approved proposals from Nasdaq and the New York Stock Exchange (NYSE) to allow trading of tokenized stocks on its platform. The total value of tokenized stock has surpassed the mark of $1.5 billion. Amid the impressive progress in the regulatory framework for digital assets, a major report is coming out from the major regulatory agency, the U.S. Securities and Exchange Commission, which is planning to approve a tokenized version of stock and ETF trading with new rules. According to the recent report, the SEC is expected to introduce exemptions for new innovations for tokenized stocks this week or later on. In March, the SEC provided a green light to a proposal from Nasdaq that allows trading of tokenized securities on its platform. A month later, in April, similar approval was also given to the New York Stock Exchange (NYSE). These back-to-back approvals will allow investors to trade tokenized versions of real stocks as well as exchange-traded funds (ETFs) on the biggest regulated exchanges. These regulatory approvals will open the door for blockchain technology to enter the traditional stock trading market. What Are Tokenized Stocks? Tokenized stocks are blockchain-based digital versions of real company shares, such as Apple, Nvidia, or S&P 500 ETFs. Each and every tokenized version of stock on the blockchain will be backed by real underlying shares that are stored in safe custody. While its critics are raising questions like why one should trade tokenized stocks, there are numerous benefits that these tokenized stocks have. These tokenized stocks can be executed on the same day instead of the current traditional T+1 system, which takes one whole day to settle the trade. According to the SEC’s recent clarification regarding the tokenized securities, tokenized stocks will follow the same federal securities laws as traditional stocks. The SEC stated in the official statement that, “A single class of securities could be issued in multiple formats, including tokenized format. Similarly, an issuer may permit security holders to hold a security in different formats and convert the security from one format to another. The format in which a security is issued or the methods by which holders are recorded ( e.g. , onchain vs. offchain) does not affect application of the federal securities laws.” “For example, regardless of its format, the Securities Act requires that every offer and sale of a security must be registered with the Commission unless an exemption from registration is available. Similarly, stock is an “equity security” under the Securities Act and the Exchange Act regardless of its format,” the report added more. Tokenized Stocks Break $1.5 Billion Mark As Demand Grows Amid the growing regulatory clarity and adoption of blockchain-based digital assets, the tokenized market has witnessed an impressive growth in the last few months. According to the official data on rwa.xyz , the total distributed value of tokenized stock has soared above $1.5 billion. Last year, in May, the total value of tokenized versions of stocks was revolving around $300 million. The sharp growth in the tokenized version of stocks came after its growing demand among investors, as it is becoming widely accepted among traditional traders. These tokenized stocks overcome limitations present in the traditional stock trading market, such as time limitations. According to the leading prediction market, Polymarket’s recent contract , there is around a 75% chance that the total real-world asset market is expected to reach $50 billion by December 31, 2026. This includes tokenized stocks, bonds, and funds. Along with tokenized stocks, the overall real-world asset tokenization has witnessed a sharp growth in the last few months. According to DeFiLIama , the total real-world asset on-chain market cap is currently around $30 billion after recent growth in demand with institutional adoption from BlackRock, Franklin Templeton, Ondo Finance, and Circle. Tokenized United States Treasuries is the biggest category in this real-world asset market, as the current data states that the total value of tokenized U.S. Treasuries has soared over $15.49 billion. Ondo Finance has recently announced that it is launching a bridge to bring popular tokenized stocks to Hyperliquid HyperEVM. These stocks include SPY, Tesla, and Nvidia. Ondo Finance is using LayerZero technology to form this bridge between their platform and Hyperliquid’s ecosystem. This product will allow traders to trade spot tokenized stocks alongside futures contracts on the same blockchain network. The leading cryptocurrency exchange , Kraken, rolled out the xStocks platform in partnership with Backed. This platform has around 50 major U.S. stocks and ETFs, including TSLAx, AAPLx, and SPYx. The platform is connected with numerous blockchain networks, including Solana, Ethereum, TON, Ink, and others like BNB Chain and TRON through the xStocks Alliance. Traditional Trading Groups Raise Questions on Tokenized Stocks The Securities Industry and Financial Markets Association (SIFMA) has raised its support for tokenized stocks after initially raising concerns. The official letter stated that, “SIFMA members have been reading with significant concern recent reports indicating that certain digital asset firms have submitted requests for immediate no-action or exemptive relief from requirements under the federal securities laws to allow such firms to offer investors the ability to purchase and trade tokenized equities or other digital forms of traditional securities through the firms’ platforms.” However, in March, SIFMA stated that they are welcoming new tokenization-based innovations. “ SIFMA and its members strongly support innovation in the securities markets and believe new technologies such as distributed ledger technology (“DLT”) and tokenization offer many potential benefits for the U.S,” stated in the recent testimony. Cboe Global Markets has also raised objections and urged bringing clear regulatory clarity for this sector. Cboe has asked the regulators to disclose more details on the role of the Depository Trust Company (DTC) in the tokenization pilot and in the process of settling trades after they are executed. Earlier, Cboe raised questions about the many uncertainties on how to convert traditional stocks into tokenized versions, as well as how to settle these tokenized stocks. Also Read: Senate Approves CLARITY Act in 15-9 Vote, BTC Soars 3%
18 May 2026, 23:30
Report: Tokenized US Stocks Get New Regulatory Framework as SEC Prepares Exemption Release

The U.S. Securities and Exchange Commission (SEC) is expected to release an innovation exemption for tokenized stocks as soon as this week, according to people familiar with the matter speaking with Bloomberg. SEC Innovation Exemption Signals Major Shift for Onchain U.S. Equity Trading in 2026 The exemption creates a new framework for trading tokens that
18 May 2026, 22:31
Minnesota says no to crypto kiosks, greenlights banks for crypto custody

Minnesota Governor Tim Walz has signed new legislation that authorizes state-chartered banks and credit unions to hold Bitcoin and other digital assets for customers. However, a few days earlier, the governor signed into law a separate bill that now bans cryptocurrency kiosks across the state. Both measures take effect August 1, 2026. The custody bill, HF 3709, went through the state’s legislature and received a relatively high bipartisan backing. The bill went through a vote on April 30, when the House approved it 130-4. The next stop was at the Senate, which passed the amended version 51-16 on May 6, and the House concurred with those amendments 119-6 on May 11. What can Minnesota banks do with crypto? Financial institutions that opt in can safeguard, control, or administer virtual currencies in a fiduciary or custodial capacity. However, the law does not extend to trading, investing, or lending digital assets. Institutions that want to launch custody services must file a written notice with the Minnesota Department of Commerce at least 60 days in advance. The institutions are also required to maintain policies covering risk management, cybersecurity, internal controls, and business continuity. Also, they are prohibited from mixing customer holdings with the institution’s own assets. Under the new law, banks and credit unions can hire qualified third-party custodians but remain on the hook for compliance. The Department of Commerce retains authority to shut down services it deems unsafe or unsound. Rep. Bernie Perryman, who sponsored the House version, framed the bill as a competitive necessity. Local institutions pointed to direct demand from members. St. Cloud Financial Credit Union told lawmakers that roughly 20% of its members already own crypto but lack a trusted, regulated local option for storage, often turning to out-of-state or unregulated platforms. With this law coming into effect in August, the union members may now have the solutions delivered to them. The Minnesota Credit Union Network and the Department of Commerce both backed the bill, citing consumer protection and alignment with existing federal guidance on bank custody services. Kiosk ban targets fraud against seniors The custody authorization arrived alongside SF 3868, a separate measure Walz signed on May 5 that outlaws virtual-currency kiosks statewide. Operators must decommission existing machines by August 1. That ban followed months of testimony from law enforcement across the state. Minnesota had roughly 400 licensed kiosk locations, found in gas stations, laundromats, and grocery stores. However, scammers used the machines to trick victims, disproportionately older adults, into converting cash to crypto under false pretenses, according to MinnPost . Faribault police reported over $500,000 in kiosk-related losses since 2022. Apple Valley recorded more than $248,000 lost in two years. Minneapolis police investigated $82,000 in Bitcoin kiosk fraud in 2025 alone. Sam Smith, the Department of Commerce’s government affairs director, told lawmakers the average loss per reported kiosk scam in Minnesota was $6,700. Only 48% of victims recovered any money, and those who did got back an average of just 16% of what they lost. Minnesota joins Indiana and Tennessee as the third state to pass an outright kiosk ban. Tennessee’s House Bill 2505, signed by Governor Bill Lee on April 13, criminalized kiosk operation as a Class A misdemeanor, Cryptopolitan previously reported . The law did not receive support from all quarters, especially from kiosk operators, with Larry Lipka, general counsel for kiosk operator CoinFlip, which runs 50 machines in Minnesota, stating that scammers exploit many payment channels and that tighter regulation, not a ban, is the better path. Standard Chartered rides crypto custody wave Minnesota is part of a growing cohort of states carving out formal custody roles for community banks and credit unions. Wyoming created a special-purpose depository institution charter. Nebraska built a digital asset banking framework. Minnesota’s version is not as expansive as the others, as it only extends authority to existing institutions rather than creating new charter types. In another development that reflects increasing institutional appetite for crypto custody, Standard Chartered has announced a deal to acquire digital asset custodian Zodia Custody , aiming to fold the service into its financing and securities business. It is not yet known if Standard Chartered plans on launching custodial services in Minnesota. However, how financial institutions leverage the latest law looks to be seen. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
18 May 2026, 22:25
NZD/USD edges higher as US Dollar softens, geopolitical caution lingers

BitcoinWorld NZD/USD edges higher as US Dollar softens, geopolitical caution lingers The New Zealand Dollar (NZD) edged higher against the US Dollar (USD) on Tuesday, finding support from a broadly weaker greenback even as market participants remained cautious amid ongoing headlines surrounding US-Iran tensions. US Dollar weakness provides tailwind for NZD/USD The NZD/USD pair inched up during the Asian and early European trading sessions, capitalizing on a modest pullback in the US Dollar. The dollar’s retreat was not driven by any single catalyst but rather a combination of profit-taking following recent gains and a slight easing in US Treasury yields. This provided some breathing room for risk-sensitive currencies like the Kiwi, which had been under pressure in recent weeks. Geopolitical headlines cap gains Despite the positive move, upside for the NZD/USD pair remained limited. Traders are closely monitoring developments related to US-Iran relations, with fresh headlines introducing a note of caution into the broader market. While no major escalation has been confirmed, the uncertainty is prompting some investors to scale back exposure to riskier assets, which typically includes the New Zealand Dollar. This cautious undertone is acting as a counterbalance to the currency’s gains, preventing a more decisive breakout. Market implications and what to watch The immediate trajectory of the NZD/USD pair will likely hinge on two key factors: the next round of US economic data, which could influence Federal Reserve policy expectations, and any further developments on the geopolitical front. A sustained improvement in risk appetite, possibly driven by de-escalation signals, could provide further support for the Kiwi. Conversely, a renewed flight to safety would likely benefit the US Dollar and weigh on the pair. Conclusion The NZD/USD is navigating a mixed environment, buoyed by a softer US Dollar but constrained by geopolitical caution. The pair’s near-term direction remains data-dependent and sensitive to headline risk, with traders advised to watch for both economic releases and geopolitical news flow. FAQs Q1: Why did the NZD/USD pair rise despite cautious headlines? The primary driver was a broad weakening of the US Dollar, which allowed the New Zealand Dollar to gain ground. However, the gains were capped by ongoing caution related to US-Iran headlines. Q2: What is the main risk for the NZD/USD outlook? The main risk is a further escalation in geopolitical tensions, which could trigger a flight to safe-haven assets like the US Dollar, putting downward pressure on the NZD/USD pair. Q3: What key factors should traders watch for the NZD/USD? Traders should monitor US economic data releases (which affect Fed rate expectations), geopolitical headlines (especially regarding US-Iran), and overall market risk sentiment. This post NZD/USD edges higher as US Dollar softens, geopolitical caution lingers first appeared on BitcoinWorld .
18 May 2026, 22:20
SEC to propose tokenized stock framework as Wall Street efforts deepen: Bloomberg

The U.S. Securities and Exchange Commission is reportedly poised to release a major crypto proposal as it seeks to institute its digital assets agenda.
18 May 2026, 21:35
China’s Trade Support Measures Counterbalance Weak Domestic Demand, Says DBS

BitcoinWorld China’s Trade Support Measures Counterbalance Weak Domestic Demand, Says DBS China’s trade support policies are effectively offsetting persistent weakness in domestic demand, according to a new analysis from DBS Group Research. The assessment provides a nuanced view of the world’s second-largest economy, which continues to navigate headwinds from a sluggish property sector and cautious consumer spending. Trade as a Stabilizing Force DBS economists note that while domestic consumption and investment remain subdued, export-oriented industries have benefited from targeted government measures. These include streamlined customs procedures, tax rebates for exporters, and financial support for trade financing. The analysis suggests that such policies have helped maintain a positive trade balance, even as global demand shows signs of softening. The report highlights that China’s trade surplus has remained resilient, providing a crucial buffer against the drag from domestic sectors. This dynamic is particularly evident in manufacturing hubs along the eastern coast, where factory activity has held up better than in regions more reliant on domestic real estate and services. Implications for Economic Outlook The DBS analysis arrives amid a broader debate about the trajectory of China’s economic recovery. While some indicators point to a stabilization, others—such as retail sales and industrial profits—continue to reflect cautious sentiment among households and businesses. “Trade support is acting as a shock absorber, but it cannot fully replace a recovery in domestic demand,” the report cautions. Policymakers in Beijing are likely to maintain a dual approach: propping up exports while gradually rolling out measures to stimulate consumption and investment at home. What This Means for Markets and Investors For global investors, the DBS assessment underscores the importance of monitoring China’s trade data as a leading indicator of economic health. A sustained trade surplus could support the renminbi and provide the government with more fiscal space. However, over-reliance on external demand leaves the economy vulnerable to geopolitical tensions and shifts in global trade policy. The report also notes that sectors tied to exports—such as electronics, machinery, and green technology—may continue to outperform domestically oriented industries in the near term. Conclusion China’s trade support measures are providing a meaningful offset to weak domestic demand, according to DBS. While the strategy helps stabilize the economy in the short term, a durable recovery will likely require stronger consumption and investment from within. The balance between export-led growth and domestic revitalization remains a key focus for policymakers and market observers alike. FAQs Q1: What trade support measures has China implemented? China has introduced tax rebates for exporters, simplified customs procedures, and expanded trade financing to help businesses maintain export volumes despite weak global demand. Q2: Why is weak domestic demand a concern for China? Weak domestic demand, driven by a sluggish property market and cautious consumer spending, limits the economy’s ability to grow from within. It makes China more reliant on exports, which can be affected by global trade conditions. Q3: How does DBS’s analysis affect investor outlook on China? DBS’s analysis suggests that trade support is providing a short-term buffer, but investors should watch for sustained improvement in domestic consumption and investment as signals of a more durable recovery. This post China’s Trade Support Measures Counterbalance Weak Domestic Demand, Says DBS first appeared on BitcoinWorld .













































