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US SEC Chairman: An innovative exemption for the tokenization of equity securities is expected to be introduced soon.

 Paul S. Atkins, Chairman of the U.S. Securities and Exchange Commission, pointed out at the Investor Advisory Committee meeting that the agency will vote on recommendations regarding the tokenization of equity securities. The SEC is expected to soon consider an innovative exemption to facilitate limited trading of certain tokenized securities, while focusing on developing a long-term regulatory framework. The Cryptocurrency Working Group has held multiple roundtable meetings over the past thirteen months, met with hundreds of market participants, solicited extensive public feedback, and received a large number of written comments to understand how best to adjust the rules to accommodate new types of trading, while still welcoming input on the design of potential innovative exemption programs.

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