Browsing: FiveYear

Add preferred source The U.S. Securities and Exchange Commission has issued a five-year exemption allowing blockchain-based platforms to facilitate trading in tokenized stocks, marking a major step toward integrating digital assets with traditional equity markets. The order, effective immediately, exempts qualifying venues from many exchange rules and relieves liquidity providers from dealer registration requirements. Platforms…

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…