SEC Approves Temporary Exemption for Tokenized Stock Trading
- —The exemption allows limited trading of tokenized NMS stocks on TSV venues
- —Requirements: transaction transparency, accounting, technological safeguards, and symbol and volume limits
- —TSVs must publish prices, trade sizes, pool addresses, and daily dollar volumes
- —The SEC has requested public feedback and data for future rules
Why it matters: It sets a precedent for regulating tokenized stocks in the U.S. and could accelerate their legal trading on blockchain.
Source: CryptoHamster