Key Takeaways:
- The SEC is reportedly developing a new plan for trading stocks on tokenized blockchain.
- Regulators could permit crypto platforms to trade tokens linked to stocks, even if the companies whose stock say they’re attached don’t approve.
- The idea might pave the way for a faster merger of the traditional finance sector and crypto market.
The U.S. Securities and Exchange Commission is preparing a new regulation that would potentially greatly open the door for tokenized stocks to be traded in the crypto markets. The proposal may arrive as soon as this week and is already drawing attention across both Wall Street and the digital asset industry.
SEC Moves Closer to Tokenized Equity Trading
According to Bloomberg, the SEC is working on an “innovation exemption” designed to create a legal pathway for blockchain-based version...
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