SEC introduces five-year innovation exemption allowing onchain trading of tokenized stocks to modernize U.S. capital markets.
Regulation & Gov ·
The SEC has introduced a five-year innovation exemption to permit onchain trading of tokenized stocks, according to reporting from The Block. The exemption is designed to modernize U.S. capital markets infrastructure for digital assets. This regulatory action represents a structured step forward in the agency's approach to securities tokenization, building on recent efforts to clarify how federal securities laws apply to blockchain-based financial instruments.