Browsing: Exemption

Two days after the CLARITY Act stalled in a Senate cloture vote, the SEC issued its “Innovation Exemption,” letting qualifying venues trade tokenized stocks on-chain without registering as exchanges or dealers. Industry experts say the move keeps momentum alive, but warn that agency action can’t replace the durability of statute.

The SEC’s recent innovation exemption announcement marks a significant milestone for Solana, as noted by Kristin Smith of the Solana Institute. This development indicates that Solana qualifies for certain exemptions from regulatory oversight, potentially enhancing its competitive position in the blockchain space. The implications of this ruling could broaden the scope for blockchain applications and…

The Securities and Exchange Commission announced Thursday it will allow blockchain-based trading venues to list and trade tokenized versions of publicly traded U.S. stocks without registering as national securities exchanges. The exemption grants so-called “tokenized securities venues” a five-year conditional exemption from the Exchange Act’s definition of an exchange, letting them use automated market makers…