The post SEC drops two-year probe into Ondo Finance with no charges appeared on BitcoinEthereumNews.com. Key Takeaways The SEC has ended a two-year investigation into Ondo Finance, allowing it to expand its tokenized asset operations in the US. Ondo Finance specializes in tokenized securities and enables global investors to access US stocks and ETFs via blockchain. The US SEC has concluded a two-year investigation into Ondo Finance, a platform specializing in tokenized securities and assets on blockchain networks, without filing charges, clearing regulatory uncertainty and permitting the company’s further US expansion, according to Crypto In America. The probe, initiated in October 2023, examined Ondo’s compliance with US securities laws in tokenizing Treasury products and ONDO tokens. Formal notice was given in November. The resolution addresses ongoing discussions in the US regarding the regulation of tokenized assets. Ondo Finance enables on-chain access to US stocks and ETFs for global investors through blockchain networks. The company has submitted guidance to the SEC advocating for clear regulations on digital asset securities to support compliant tokenization in the US. The recommendations include clarifying rules for tokenized treasuries and supporting both permissioned and permissionless blockchains. Under SEC Chair Paul Atkins, most crypto cases have been closed, reversing prior Biden-era actions. Ondo is now set to expand in the US after registering as an investment advisor and acquiring Oasis Pro Markets, with new offerings expected at its February 3 Ondo Summit in New York. Source: https://cryptobriefing.com/sec-ondo-finance-tokenized-assets-expansion/The post SEC drops two-year probe into Ondo Finance with no charges appeared on BitcoinEthereumNews.com. Key Takeaways The SEC has ended a two-year investigation into Ondo Finance, allowing it to expand its tokenized asset operations in the US. Ondo Finance specializes in tokenized securities and enables global investors to access US stocks and ETFs via blockchain. The US SEC has concluded a two-year investigation into Ondo Finance, a platform specializing in tokenized securities and assets on blockchain networks, without filing charges, clearing regulatory uncertainty and permitting the company’s further US expansion, according to Crypto In America. The probe, initiated in October 2023, examined Ondo’s compliance with US securities laws in tokenizing Treasury products and ONDO tokens. Formal notice was given in November. The resolution addresses ongoing discussions in the US regarding the regulation of tokenized assets. Ondo Finance enables on-chain access to US stocks and ETFs for global investors through blockchain networks. The company has submitted guidance to the SEC advocating for clear regulations on digital asset securities to support compliant tokenization in the US. The recommendations include clarifying rules for tokenized treasuries and supporting both permissioned and permissionless blockchains. Under SEC Chair Paul Atkins, most crypto cases have been closed, reversing prior Biden-era actions. Ondo is now set to expand in the US after registering as an investment advisor and acquiring Oasis Pro Markets, with new offerings expected at its February 3 Ondo Summit in New York. Source: https://cryptobriefing.com/sec-ondo-finance-tokenized-assets-expansion/

                                                                               Colombians will soon be able to receive and store USDC through MoneyGram’s new crypto app, which is launching soon in app stores.                     MoneyGram’s digital payments app is set to launch in Colombia, offering locals a way to save in US dollar stablecoins as the Colombian peso continues to weaken.MoneyGram’s crypto service is powered by the Stellar network and leverages Crossmint for self-custody, enabling users to store the USDC (USDC) stablecoin and transfer it overseas nearly instantly. In a statement on Wednesday, MoneyGram said Colombia is the “ideal launch market” as Colombian families receive more than 22 times the money they send abroad.Read more