SEC registration of stocks on the blockchain means tokenization of traditional financial instruments, but unlike previous "synthetic assets" or STOs, it is directly anchored to equity approved by the SEC. If stock tokens are bound to CEG, the blockchain merely becomes a database, contradicting the intent of "eliminating intermediaries." Regardless of the outcome, this marks the beginning of a new era — a transitional phase where financial power shifts from "institutional monopoly" to "technical-regulatory collusion."

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📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
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1️⃣ Follow @Gate_Square
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📅 July 3, 7:00

🎉 Congratulations to the following users for winning in the #Gate CBO Kevin Lee# - 6/26 event!
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🎁 Rewards will be distributed within 14 working days. Please make sure to complete identity verification to be eligible.
📌 Event details: https://www.gate.com/post/status/11782130
🙏 Thank you all for your enthusiastic participation — more exciting events are on the way!

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