SEC readies plan for trading crypto versions of stocks, Bloomberg News reports
- On Monday, the Trump administration and the Securities and Exchange Commission were reported to be preparing an "innovation exemption" for tokenized stocks, allowing trading platforms to offer digital versions of publicly traded securities under lighter regulatory oversight.
- Financial institutions are racing to modernize the $126 trillion global equity market using blockchain technology, with Wall Street firms moving quickly to position themselves for this regulatory shift.
- According to the Bloomberg report, the SEC is leaning toward allowing trading in tokens that lack backing or consent from underlying public companies, potentially trading without traditional shareholder rights like voting power or dividends.
- The Depository Trust & Clearing Corporation plans to begin limited production trades of tokenized assets in July, joining Nasdaq and Intercontinental Exchange in developing blockchain-based frameworks for securities.
- SEC Chair Paul Atkins is considering formal rulemaking to clarify regulations for onchain trading systems; while supporters argue this could reduce settlement delays, critics warn of potential liquidity fragmentation and weakened investor protections.
18 Articles
18 Articles
As early as this week, the SEC could provide a light experimental framework for trading tokenised shares to foster innovation. What does this mean? L'article The SEC is about to give an "innovation exemption" to tokenised shares — What does that mean? appeared first on Cryptoast.
The SEC is going to move tab. The US Stock Exchange and Securities Commission is preparing a proposal to regulate tokenized shares, i.e. digital representations of securities that live in a chain of blocks. As Bloomberg advanced this Monday, the initiative comes just as giants like Citigroup and JPMorgan delve deeper into real-world asset tokenization. If approved, Wall Street would finally have a map to navigate this territory, and investors a …
SEC Prepares to Allow Trading Tokenized Stocks on Crypto Platforms
The SEC is set to release a so-called “innovation exemption” for tokenized stocks, which will pave the way for trading digital versions of securities, reported Bloomberg on Tuesday. The agency’s framework for tokenized stock trading under the Trump administration’s direction is expected to be finalized this week, the anonymous sources told the outlet. These tokenized assets would also be tradeable on decentralized crypto platforms in a move that…
Key points of the news: The Depository Trust & Clearing Corporation (DTCC) scheduled the start of trial operations with tokenized assets for July. The US Securities and Exchange Commission (SEC) envisages the introduction of a mechanism called "innovation exemption." Independent blockchain platforms could structure digital versions of quoted securities without requiring explicit approval by broadcasting companies. The SEC advances in the design …
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
