US SEC to Announce Innovation Exemption… Stock Tokens Available for 24/7 Trading

The U.S. Securities and Exchange Commission (SEC) is set to hold a public meeting on the 14th to discuss a "customized issuance system for certain investment contracts involving virtual assets." During this meeting, the SEC plans to unveil an "innovation exemption" clause that would allow for the trading of digital securities on the blockchain. If implemented, this system would enable 24/7 trading of stock tokens in the U.S. stock market. According to anonymous sources, specific exemption details may be disclosed on Friday; however, SEC officials are still coordinating the specifics, which could lead to changes in the announcement. The SEC is expected to include an option for issuers to challenge the tokenized stock listings of third parties, which is anticipated to alleviate concerns among listed companies. Additionally, the new regulatory proposal is expected to strengthen anti-money laundering (AML) measures. This move by the SEC comes shortly after the failure of the "Clarity Act" processing. Experts point out that the absence of formal legislation creates legal gray areas that hinder institutional investors' entry into the market.

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