U.S. SEC Plans to Approve Stock Tokenization Trading; Crypto Companies Can Test Digital Asset Business Models
Svmuu News: The U.S. Securities and Exchange Commission (SEC) is preparing to introduce a new policy that would allow crypto companies to offer blockchain-based tokenized stock trading. According to SEC Chairman Paul Atkins, companies will be permitted to experiment with new digital asset business models—including tokenized trading of U.S. stocks—without having to fully comply with existing disclosure and investor protection rules. The proposal has raised concerns among traditional financial institutions such as Castle Securities and SIFMA, which believe the changes could divert liquidity and pose risks of regulatory arbitrage. As of now, the SEC has not issued a public statement on the matter.
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Source:Odaily · Source Link
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