The securities landscape is undergoing a significant transformation as digital assets continue to gain mainstream acceptance, prompting traditional financial systems to adapt accordingly.
Speaking at the Crypto Roundtable on Tokenization, SEC Chair Paul Atkins outlined his perspective on the need for the United States to modernize its regulatory framework to address the rise of on-chain securities and crypto assets.
Atkins compared the evolution of blockchain-based securities to the digital transformation of the music industry, emphasizing the potential of tokenization to drive innovation in capital markets.