«If it can be tokenized, it will be tokenized». The new boss of the SEC (Securities and Exchange Commission), Paul Atkinscontinue Radically change the regulation of Bitcoin (BTC) and cryptocurrencies, with its approach resolutely positive. Indeed, after having announced a change of strategy concerning stablecoinsthe American financial regulator now plans to create a » Exemption for innovation »In particular to promote the tokenisation traditional financial assets.
The key points of this article:
Paul Atkins, the new president of the SEC, transforms the regulation of cryptocurrencies with a resolutely positive approach.
The boss of US regulators plans an «exemption for innovation» to promote the tokenization of traditional financial assets.
Dry wants to encourage the tokenization of traditional financial assets
During a press conference, Paul Atkins said the Securities and Exchange Commission considered creating a » Exemption for innovation », With the aim of promote tokenisation RWAthat is to say digitization on the blockchain networks of active active world (Real World Assets). This exemption would allow tester new methods of exchanging these tokenized assets, and to provide targeted relief To support the development of this emerging ecosystem. Because Paul Atkins considers that this Modernization of finance by tokenization is in a way inevitable, Since much more efficient.
«If it can be tokenized, it will be tokenized. (…) The staff [de la SEC] Examine what other changes in our regulatory framework could be appropriate to encourage tokenization, including an exemption for innovation (…) to facilitate the construction of other components of a token financial securities ecosystem («Tokenized Securities»). »»
Paul Atkins, President of Securities and Exchange Commission
The Genius Act opens the way to a new era for the defi
This announcement comes as The House of Representatives adopted the Genius Actlegislation that CLARIFICY THE REGULATION ATTOCTION OF STABLECOINS. According to Paul Atkins, this law confirms for good that stablecoins are not securities (securities), and therefore that they are not under the jurisdiction of the dry. This clarification is praised by the actors of the crypto as a signal fort in favor of decentralized finance (DeFi). It will remain to validate the CLARITY Act in front of the US Senate, which is another bill which will allow regulate more generallyand with clarity, the crypto-active sector. The whole recent passage of the Genius Act and the will of the dry to create an exemption for innovation Enterine a net turning point in the regulation of cryptocurrency in the United States, under the leadership of the president Donald Trump. After years of obstacles, even open war, led by Gary Gensler (the former president of the SEC), it is now a Constructive regulation that the regulators of Paul Atkins bring.