On September 17, local time, the SEC issued a rule called the “Innovation Exemption”, which allows trading platforms that meet specific conditions to provide tokenized stock trading in the US and grants related platforms multiple regulatory exemptions for a period of 5 years. The SEC said the move was designed to allow market participants to explore on-chain stock trading in a controlled environment while gaining experience in formulating long-term rules for regulators.

On September 17, local time, the SEC issued a rule called the “Innovation Exemption”, which allows trading platforms that meet specific conditions to provide tokenized stock trading in the US and grants related platforms multiple regulatory exemptions for a period of 5 years. The SEC said the move was designed to allow market participants to explore on-chain stock trading in a controlled environment while gaining experience in formulating long-term rules for regulators.