The US SEC held a meeting to discuss tokenization regulation, with significant differences between the traditional financial and crypto industries on the issue of "decentralization."

Odaily Planet Daily reports that the U.S. Securities and Exchange Commission (SEC) Investor Advisory Committee held a meeting on Thursday to discuss asset tokenization, with executives from Citadel, Coinbase, and Galaxy participating to discuss regulatory pathways. Citadel recommended that the SEC strictly define the role of intermediaries such as decentralized trading protocols, sparking opposition from some crypto enthusiasts who argue that traditional rules are inapplicable to DeFi architectures. Coinbase stated that rule differences should be reviewed on a case-by-case basis to avoid imposing inapplicable obligations. SEC Chairman Atkins stated that a compliance path should be provided to promote innovative development in tokenization. (The Block)