Policy Event Β· Medium impact

SEC Grants 24/7 Tokenized Money Market Fund Trading Order

SEC Division of Investment Management issued exemptive order permitting WisdomTree Government Money Market Digital Fund (WTGXX) 24/7 continuous trading of tokenized shares at fixed $1/share via USDC stablecoin settlement. First registered fund enabled for round-the-clock blockchain-based principal trading.

Medium impactπŸ‡ΊπŸ‡Έ United StatesTokenizationRegulationUSDC

APAC FINSTAB analysis

Although this is outside core APAC, it is relevant because global market-structure, enforcement, and stablecoin precedents often shape licensing expectations for APAC exchanges, issuers, custodians, and DeFi teams. Protocols/assets in scope: USDC. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

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High impactπŸ‡°πŸ‡· South KoreaRegulationExchangeAML

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High impactπŸ‡¬πŸ‡§ United KingdomRegulationTokenizationCustodyXAUT