SEC to propose tokenized stock framework as Wall Street efforts deepen: Bloomberg
CoinDesk
The SEC is reportedly planning a new regulatory framework to facilitate the trading of tokenized stocks on blockchain platforms.Summary
The U.S. Securities and Exchange Commission (SEC) is reportedly preparing an "innovation exemption" to create a regulatory framework for trading tokenized stocks. This move aims to accommodate the growing interest from Wall Street firms in moving traditional securities onto blockchain technology to improve settlement speeds and market accessibility. Major institutions like the DTCC and Nasdaq are already developing infrastructure for onchain assets. SEC Chair Paul Atkins has expressed a preference for establishing formal rules for these automated systems rather than relying on enforcement actions, signaling a potential shift toward clearer oversight for blockchain-based financial markets.
(Source：CoinDesk)