U.S. SEC Chairman Paul Atkins: Considering the introduction of a cryptocurrency innovation exemption policy to advance tokenization

Odaily News U.S. Securities and Exchange Commission Chairman Paul Atkins said the SEC is weighing whether to introduce an "innovation exemption" to incentivize the market to advance tokenization after the U.S. House of Representatives passed a landmark stablecoin bill earlier Thursday.
“SEC staff is considering other possible adjustments to the existing regulatory framework to facilitate tokenization, including an innovation exemption to allow for new trading methods and more targeted exemptions to facilitate the construction of other key components of the tokenized securities ecosystem,” he said in a press release.