The US SEC is considering introducing an "innovation exemption" to promote the development of the tokenization securities ecosystem.

[The SEC Considers Introducing an "Innovation Exemption" to Promote the Development of Tokenized Securities Ecosystem] According to Bloomberg, SEC Chairman Paul Atkins stated that following the passage of a landmark stablecoin bill by the U.S. House of Representatives earlier this Thursday, the SEC is considering launching an "innovation exemption" to promote the tokenization process. Atkins stated at a press conference that SEC staff are assessing adjustments that can be implemented under the existing regulatory framework, including the introduction of an "innovation exemption" to allow for new trading mechanisms and to support the development of other key elements of the tokenization securities ecosystem through more targeted exemptions.