The SEC has unveiled a 5-year "innovation exemption," letting tokenized securities venues run automated market makers and liquidity pools without registering as an exchange. Only tokens with real ownership, dividend, and voting rights qualify; synthetic derivatives are excluded.
Chairman Paul Atkins said the SEC will "act decisively" within its existing authority, two days after the Digital Asset Market Clarity Act stalled in the Senate.
CryptoDep | Community Chat | X | Telegram