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CoinDesk·3 min read·medium

Live updates: Bitcoin slips back to $63,000; MSCI threatens to exclude Strategy from indices

J
James Van Straten
Live updates: Bitcoin slips back to $63,000; MSCI threatens to exclude Strategy from indices
AI Summary

Crypto-related stocks including Bullish, Securitize, and Coinbase saw declines as the SEC delayed an innovation exemption for tokenized securities. Market concerns regarding the legal framework for these assets continue to weigh on sector performance.

Bullish (BLSH), the crypto exchange that owns CoinDesk and is acquiring transfer agent Equiniti as it builds infrastructure for issuing and servicing tokenized securities, dropped 9% in the early session, reversing gains on its second-quarter earnings report.

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