SEC Chair Calls Stablecoin Bill ‘Historic’, Pushes Tokenization Exception
2025-07-18 07:28:10
Main Idea
SEC Chairman Paul Atkins proposes an 'innovation exception' to promote stablecoin tokenization, following the passage of the GENIUS Act, aiming to establish clearer rules for digital assets.
Key Points
1. Paul Atkins, SEC Chairman, introduced an 'innovation exception' to advance stablecoin tokenization after the US House passed the GENIUS Act.
2. Atkins described the GENIUS Act as a 'historic event' that positions the US as a global crypto leader.
3. The SEC is actively working on frameworks to provide clarity for digital assets, though outcomes of the innovation exception project remain uncertain.
4. The promotion of tokenization and digital assets continues despite objections, with the next steps for the industry yet to be determined.
Description
The post SEC Chair Calls Stablecoin Bill ‘Historic’, Pushes Tokenization Exception appeared first on Coinpedia Fintech News The Securities and Exchange Commission Chairman, Paul Atkins, proposes an “innovation exception” to promote the tokenization of stablecoins. The move comes after the US House of Representatives passed the landmark stablecoin bill on Thursday. Atkins said that the SEC is actively looking forward to establishing clear rules for the digital asset space. Paul Atkins Proposes “I...
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