The American Blockchain Association stated that it has officially submitted a response to the U.S. Securities and Exchange Commission (SEC), rebutting Citadel Securities' regulatory opinions regarding tokenized U.S. stock securities and DeFi trading protocols. The association said that tokenized securities still fall under the category of securities, but their underlying blockchain infrastructure should not automatically be considered an exchange, broker, or dealer, and called on the SEC to support the modernization of capital market infrastructure.

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