SEC acting chair signals support for regulatory sandbox to facilitate crypto trading innovation
Securities and Exchange Commission (SEC) acting chairman Mark Uyeda has suggested the potential creation of a conditional regulatory sandbox for blockchain-based securities trading.
Uyeda made the remarks during the SEC Crypto Task Force’s second roundtable on April 11, which focused on crypto trading platforms. He proposed a time-limited, conditional exemptive relief framework to support continued innovation while maintaining regulatory oversight.
Such a framework would enable registrants and non-registrants to explore blockchain-based trading solutions without full regulatory approval, subject to compliance with defined conditions.
He encouraged market participants to provide input on how and where such exemptive relief could be…
