Bloomberg: U.S. SEC Chairman says the agency is considering introducing innovative exemption policies to encourage the development of asset tokenization

This article is machine translated
Show original

According to ChainCatcher, citing Bloomberg, after the U.S. House of Representatives passed a landmark stablecoin bill earlier on Thursday, SEC Chairman Paul Atkins stated that the SEC is considering introducing an innovative exemption policy to encourage asset tokenization. During a press conference, he said: "SEC staff are considering what other changes need to be made within our regulatory framework to encourage asset tokenization, including establishing an innovative exemption policy that allows for novel transaction methods and developing more precise exemption measures to promote the development of other components of the tokenized securities ecosystem."

Atkins expressed appreciation for the passage of the stablecoin legislation and told reporters that the SEC looks forward to "establishing clear rules" for the digital asset sector. The bill has now been submitted to President Trump for signature.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments