SEC Explores Crypto Exemption for Tokenized Securities Trading
The U.S. Securities and Exchange Commission is weighing a regulatory exemption to facilitate securities trading on distributed ledger technology. Commissioner Hester Peirce disclosed the initiative during a May 8 address, signaling potential relief for firms navigating current compliance hurdles.
The proposed framework WOULD enable qualified platforms to issue and settle tokenized securities without full SEC registration. Peirce acknowledged existing rules—including Regulation National Market System requirements—often stifle innovation in blockchain-based capital markets.