US SEC Chairman: An innovative exemption for equity securities tokenization is expected to be launched soon
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Jinse Finance reported that Paul S. Atkins, Chairman of the U.S. Securities and Exchange Commission, stated at the Investor Advisory Committee meeting that the agency will vote on recommendations regarding the tokenization of equity securities. It is expected that the SEC will soon consider an innovative exemption to facilitate limited trading of certain tokenized securities, with a focus on establishing a long-term regulatory framework. The cryptocurrency working group has held multiple roundtable meetings over the past thirteen months, met with hundreds of market participants, solicited extensive public feedback, and received a large number of written opinions to understand how best to adjust rules to accommodate new types of trading, while continuing to welcome suggestions on the design of potential innovative exemption programs.
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