SEC Chairman Floats Temporary Regulatory Relief For Crypto Exchanges
Crypto exchanges may soon get a regulatory sandbox to play in. At a roundtable Friday on tailoring securities regulation to accommodate crypto trading, acting SEC chair Mark Uyeda said the commission is open to supporting trading of tokenize assets via blockchain and suggested temporary regulatory relief may be coming.
“While the Commission works to develop a long-term solution to address these issues, a time-limited, conditional exemptive relief framework for registrants and non-registrants could allow for greater innovation with blockchain technology within the United States in the near term,” Uyeda…