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The SEC could introduce a new framework for trading tokenized stocks, a report says.
The SEC is preparing an 'innovation exemption' for tokenized stock trading platforms under lighter regulations.
KEY POINTS
- The SEC's proposal for tokenized stocks could be unveiled as early as this week.
- DTCC plans to begin limited production trades of tokenized assets in July 2024.
- Nasdaq's tokenized securities framework, approved by the SEC in March, preserves traditional ownership rights.
- SEC Chair Atkins supports formal rulemaking for onchain trading, blockchain settlement, and crypto custody.
COMPANIES
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