SEC Tokenization Exemption Raises Questions Over Ethereum's Status
- —SEC requires tokenization platforms to be public and permissionless
- —Ethereum L2s face scrutiny over whether they meet the criteria
- —Companies object to their shares being tokenized without consent
- —SEC and CFTC are taking a larger role in crypto regulation
Why it matters: How the SEC defines a public and permissionless blockchain will determine whether Ethereum and its L2s can host tokenized assets in the US.
Source: Coinfomania