SEC ‘on the cusp’ of onchain tokenized securities exemption: Atkins
Cointelegraph
SEC Chair Paul Atkins announced that the agency is nearing an 'innovation exemption' to allow compliant onchain trading of tokenized securities.Summary
SEC Chair Paul Atkins has announced that the agency is close to issuing an 'innovation exemption' designed to permit the compliant trading of tokenized securities onchain. This initiative aims to provide a structured framework for market participants to engage in blockchain-based securities trading while the SEC develops comprehensive long-term regulations. The move follows months of internal discussions and builds upon recent efforts to categorize digital assets, including a new token taxonomy that differentiates between digital commodities, collectibles, tools, and securities.
(Source：Cointelegraph)