SEC Chairman Paul Atkins has proposed an initiative focused on creating an innovation exemption designed to support the development of the tokenized securities market.
This revelation signals the agency’s intention to assess potential modifications within the existing regulatory framework specifically aimed at fostering the tokenized securities ecosystem. The proposal targets addressing essential infrastructure components crucial for the growth of this emerging sector.
The move reflects the SEC’s strategic commitment to nurturing innovation within the financial sector by actively exploring adaptable regulatory solutions for tokenized assets.