Search results for Innovation Exemption
Crypto
U.S. SEC considers allowing trading of stock tokens without listing company consent, innovation exemption near release
The U.S. Securities and Exchange Commission is preparing a new framework that could allow third parties to issue and trade U.S. stock-based tokens without the issuing company’s consent, a report said. The SEC may announce an “Innovation Exemption” as early as this week. Under the plan, tokens must provide the same economic rights as existing shares, including voting rights and dividends, potentially enabling securities trading on blockchain-based DeFi platforms.
Crypto
SEC signals overhaul of on-chain trading rules, revisits standards for software
The U.S. Securities and Exchange Commission is reviewing how to update rules for on-chain financial markets and says it must clarify how existing regulatory frameworks apply to software applications. SEC Chair Paul Atkins said the agency should revisit definitions for exchanges, clearing agencies and brokers to fit on-chain trading systems. He also said clearer standards are needed for crypto vaults, on-chain software that can generate passive returns for users.
Crypto
U.S. SEC to pursue \'Reg Crypto\' rules to clarify standards for crypto securities status
The U.S. Securities and Exchange Commission is preparing to unveil a draft set of rules dubbed \'Reg Crypto\' that would set core standards for regulating the cryptocurrency industry. The proposal is in the final stage of a White House review process. SEC Chair Paul Atkins said the draft is being reviewed by the Office of Information and Regulatory Affairs under the Office of Management and Budget and is one step from release.
