SEC weighs plan to allow blockchain-based stock trading amid crypto push: Report
The SEC is exploring a plan to let blockchain-based versions of stocks trade on crypto exchanges, signaling growing support for tokenization.
The US Securities and Exchange Commission (SEC) is reportedly developing a plan to allow blockchain-registered versions of stocks to trade on cryptocurrency exchanges — a move that would mark a significant step toward integrating digital asset technology into the traditional financial system.
The proposal, still in early stages, would let investors buy and sell stock tokens — digital representations of shares in publicly traded companies — on approved crypto platforms, The Information reported Tuesday, citing people familiar with the matter.
The initiative reflects growing regulatory openness to tokenization, the process of creating blockchain-based tokens that mirror ownership of traditional assets.
Source: Cointelegraph →Related News
- 1 hour ago
ETH falls as crypto, stocks correct, but $547M spot ETF inflows show TradFi pos...
- 1 hour ago
Following US success, Robinhood eyes expansion of prediction markets overseas
- 2 hours ago
Top NY regulator updates crypto guidance after announcing departure
- 2 hours ago
ASTER VS HYPERLIQUID, XPL BULL & BEAR CASE, DAT TRADE IN TROUBLE
- 2 hours ago
Bitcoin’s rare September gains defy history: Data predicts 50% Q4 rally to $170...