US SEC May Release Tokenized Stock Regulatory Framework as Early as This Week, Wall Street Accelerates Deployment of On-Chain Securities

Odaily Planet Daily News The U.S. Securities and Exchange Commission (SEC) is preparing to introduce a new regulatory framework for tokenized stock trading, which could be unveiled as early as this week. It is reported that the SEC is studying an "innovation exemption" mechanism that would allow trading platforms to offer on-chain digital versions of listed securities under more relaxed regulatory conditions. This move is seen as a significant signal that U.S. regulators are further shifting toward supporting tokenized securities.

Currently, multiple Wall Street institutions have accelerated their deployment in related businesses. The Depository Trust & Clearing Corporation (DTCC) plans to launch limited production trading of tokenized assets in July and expand its promotion in October; Nasdaq is developing a blockchain-based stock issuance framework; and the Intercontinental Exchange (ICE) is advancing tokenized stocks and crypto-related products through a partnership with OKX.

SEC Chairman Paul Atkins previously stated that the SEC is considering establishing formal rules for on-chain trading systems, blockchain settlement infrastructure, and crypto custody models. He believes that existing securities regulations are already difficult to adapt to on-chain protocols that integrate trading, clearing, and settlement. (CoinDesk)