⚡ SEC Eyes ‘Innovation Exception’—Tokenization Revolution Incoming? 🔗📈
After the historic approval on three key crypto legislation, the SEC is allegedly mulling digital asset regulation modifications to reward the sector.
SEC Chairman Paul Atkins said Thursday that the agency is considering tokenization improvements. Atkins told Bloomberg that “Staff is considering what other changes may be appropriate to incentivize tokenization within our regulatory framework.”
The Chairman indicated at a press event that the SEC is exploring an innovation exemption that would “permit novel ways of trading and more narrowly tailored forms of relief to facilitate the building of other components of a tokenized securities ecosystem.”
He highlighted that on-chain asset mobility looks inevitable despite the uncertainties of the future. Atkins said, “If it can be tokenized, it will be tokenized.” The SEC chair also noted Thursday's “historic step” toward becoming the US “the Crypto capital of the world,” as President Trump pledged.
Atkins commended the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, saying the agency looks forward to “establishing clear rules of the road” for the crypto business.
The stablecoin-regulating GENIUS Act passed the House of Representatives 308-122, according to Bitcoinist. The measure, supported by 102 Democrats, is anticipated to become the first major crypto law when President Trump signs it.
White House invitations state that business executives and politicians will sign the measure at 2:30 PM EST.
Crypto Clarity Will Improve Dollar, Innovation
According to Bloomberg, advocates say it may allow quicker and cheaper payments and legitimize the $3 billion industry, which is expected to grow.
MARA CEO Fred Thiel told Fox News on Friday that the crypto bill's passing demonstrates the US is leading the world and that a clear legal framework would benefit Bitcoin and the crypto business.
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