US SEC Chairman: Tokenization innovation exemption may be issued in the coming weeks

PANews reported on March 26 that, according to The Block, as the U.S. Securities and Exchange Commission (SEC) prepares to introduce an innovation exemption program for tokenized assets, the U.S. House Financial Services Committee held a hearing on "Tokenization and the Future of Securities: Modernizing Capital Markets" on March 25. Republican Representative Andy Barr stated that securities tokenization is an inevitable trend, and the U.S. needs to lead this process while protecting investors. Some Democratic lawmakers expressed concern that the innovation exemption could weaken core securities regulation. SEC Chairman Paul Atkins stated that the agency will soon solicit public comments on a range of issues related to future rulemaking, including a proposed innovation exemption that could serve as a regulatory sandbox for on-chain assets.

Furthermore, according to crypto journalist Eleanor Terrett , Paul Atkins stated that the long-awaited exemption for tokenization innovation may be introduced in the coming weeks.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
Sky财库公司SDEV持有21.35亿枚SKY代币,价值约1.56亿美元
PANews Newsflash