The agency may introduce rules allowing 24/7 blockchain-based trading of tokenized stocks with new safeguards.
The SEC is expected to propose an exemption for tokenized securities trading as early as Friday, enabling around-the-clock blockchain-based trading. The move is part of two major crypto regulatory initiatives the agency plans to advance this week, including a tailored offering regime for certain crypto asset investment contracts.
The exemption could permit public companies to block third parties from tokenizing their shares while imposing stricter anti-money-laundering measures. Potential requirements may include mandating that trading platforms operate as US entities. The SEC will hold an open meeting Friday to discuss the proposals.
No immediate market reaction was reported, but the proposals could reshape digital asset trading frameworks if adopted.