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SEC Chairman: Considering Introducing Cryptocurrency Innovation Exemption Policy to Encourage Tokenization Process in the Market
Summary: According to Bloomberg, SEC Chairman Paul Atkins stated that following the milestone stablecoin bill passed by the U.S. House of Representatives earlier this week, the SEC is considering introducing an innovation exemption to encourage the market to advance the tokenization process. Atkins mentioned during a press conference that SEC staff are exploring other adjustments that ...
According to Bloomberg, SEC Chairman Paul Atkins stated that following the milestone stablecoin bill passed by the U.S. House of Representatives earlier this week, the SEC is considering introducing an innovation exemption to encourage the market to advance the tokenization process. Atkins mentioned during a press conference that SEC staff are exploring other adjustments that may be taken to promote tokenization development within the existing regulatory framework, including establishing an 'innovation exemption' to allow for new trading methods and to facilitate the construction of other key components in the tokenized securities ecosystem through a more targeted exemption form.
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Link: SEC Chairman: Considering Introducing Cryptocurrency Innovation Exemption Policy to Encourage Tokenization Process in the Market [Copy]
