US SEC Considers Regulatory Relaxation to Encourage Tokenization of Securities

On the 8th, Commissioner Hester Peirce of the U.S. Securities and Exchange Commission (SEC) announced that they are considering a regulatory exemption order that would allow companies to utilize blockchain to issue, trade, and settle securities. In her lecture at the 31st SEC International Market Growth Development Research Institute, Commissioner Peirce indicated a policy to allow companies to use innovative trading systems for tokenized securities. This initiative is based on the consultation carried out in February by the SEC's Crypto Task Force.

This regulatory exemption measure is an initiative to encourage private sector initiatives related to the tokenization of securities. Commissioner Peirce mentioned a 'Regulatory Sandbox' in other countries...