The US Securities and Exchange Commission (SEC) said in a speech on May 8 that the company is considering changing the rules to allow the company to issue token securities more freely.
PEIRCE said that regulators are considering potential exemption order for companies that use blockchain technology.
For example, DEXS (DEXS) said, “It may no longer be required to register as a broker dealer, liquidator or exchange. The SEC has filed a lot of claims for Dex, such as Uniswap, which has not been previously registered as a securities exchange.
“A company has been well developed before many cases in many cases, and there is no need to comply with the INAPT regulations that can be removed by the attributes of the technology.”
Under the exemption, the company still must comply with rules designed to prevent fraud and market manipulation, the commissioner said. You may also need to meet specific disclosure and record storage requirements.
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Sharp policy pivot
The SEC has dramatically skinny since US President Donald Trump took office in January.
Under the leadership of former SEC Chairman Gary Gensler, this institution has raised 100 lawsuits for cryptocurrency companies for violating securities law.
However, under the Paul Atkins, who sweared as chairman on April 21, the institution insisted on a jurisdiction over a narrow cryptocurrency segment.
In February, the SEC announced that if it is clearly identified as a pure speculative asset without essential value, the US law is not eligible for investment contracts.
In April, the regulators said that digital tokens (digital tokens) were not qualified as securities if they were marketed as a means of paying for the US dollar.
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