SEC Shows Potential Openness to Ethereum ERC-3643 Token Standard for Compliant Securities

Key Points

1. The SEC exhibited a receptive stance toward open standards like ERC-3643 during discussions with the ERC-3643 Association.

2. The SEC explored frameworks such as Chainlink’s Automated Compliance Engine (ACE) to bridge onchain asset management with regulatory requirements.

3. SEC Chair Paul Atkins is considering an 'innovation exemption' to facilitate new trading mechanisms and regulatory adaptations.

4. The SEC’s engagement with blockchain proponents may position the US as a leader in tokenized securities and regulatory collaboration.

5. Industry experts highlight the potential for these efforts to unlock new opportunities in tokenized capital markets while maintaining investor protection.