The U.S. Securities and Exchange Commission (SEC) on Thursday unveiled a long-awaited five-year exemption designed to facilitate the trading of blockchain-based, or tokenised, stocks, marking a significant step toward integrating digital assets with traditional financial markets, Reuters reported.
According to the news agency, the exemption will allow certain platforms that facilitate tokenized stock trading to operate without complying with some requirements that apply to traditional stock exchanges such as the New York Stock Exchange and Nasdaq.
