💥The U.S. SEC Explores the ERC-3643 Standard.
The U.S. SEC has initiated a crucial dialogue with leaders in the blockchain industry, including Chainlink Labs and the ERC-3643 Association, to explore the token standard #Ethereum ERC-3643 as a basis for regulation-compliant tokenized securities.
This standard aims to integrate compliance controls directly into digital assets, facilitating identity verification (KYC/AML) and transaction management.
The SEC Chair, Paul Atkins, has even suggested possible regulatory exemptions to promote tokenization. This advancement, along with the recent approval of a stablecoin law, marks a significant shift towards greater clarity and adaptation of the regulatory framework for the burgeoning digital asset market.
