On the 17th, the U.S. Securities and Exchange Commission (SEC) announced a five-year temporary measure known as the 'Innovation Exemption.' This exempts platforms trading tokenized U.S. stocks using automated market makers (AMM) from being classified as 'exchanges' under the Securities Exchange Act, thereby freeing them from the regulations typically imposed on exchanges like the New York Stock Exchange or Nasdaq.
SEC Chairman Paul Atkins emphasized the need for regulatory updates to accommodate new technologies, under the initiative known as 'Project Crypto...'
