U.S. SEC Chairman Paul Atkins: Considering the introduction of a cryptocurrency innovation exemption policy to advance tokenization

CoinRank News: Paul Atkins, chairman of the U.S. Securities and Exchange Commission, said that after the U.S. House of Representatives passed the landmark stablecoin bill earlier this Thursday, the SEC is weighing whether to launch an innovation exemption to encourage the market to advance the tokenization process. He said in a press conference: SEC staff are considering other possible adjustments to promote the development of tokenization under the existing regulatory framework, including the establishment of an innovation exemption to allow new trading methods and promote the construction of other key components in the tokenized securities ecosystem through more targeted exemptions.