CryptoNeutralBlockonomi · Apr 57/10
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Coinbase Urges SEC to Allow Third-Party Tokenization Without Issuer Consent
Coinbase filed a formal SEC submission on April 1, 2026, opposing mandatory issuer approval for third-party stock tokenization, arguing it contradicts Section 4(a)(1) of the Securities Act and decades of legal precedent. The exchange warns that requiring issuer consent could create anticompetitive barriers and drive blockchain innovation offshore.