SEC Chair: Proposing Innovation Hub to Allow Limited Trading of Tokenized Securities

BlockBeats News, March 12, U.S. Securities and Exchange Commission Chairman Paul S. Atkins stated that the Commission will vote on proposals related to the tokenization of equities. As I have previously discussed, I anticipate that the Commission will soon consider an innovative exemption to facilitate limited trading of certain tokenized securities while focusing on developing a long-term regulatory framework. I continue to welcome input on the design of a potential innovation exemption. The exemption would be limited in time and scope but with a duration sufficient to allow us to develop more enduring rules that fully harness the potential of these new technologies.