SEC Crypto Task Force discusses securities tokenization with Nasdaq, DeFi startups
Last week, the US Securities and Exchange Commission’s (SEC) Crypto Task Force intensified studies on how public blockchain technology can support the issuance and trading of tokenized securities.
The group held separate meetings with Nasdaq, Plume Network, and Etherealize on how securities can be issued and traded on public blockchains.
All three meetings resulted in the suggestion of the concept of a regulatory sandbox.
Nasdaq presses for digital asset-friendly venues
According to the log from a May 21 meeting, Nasdaq executives urged the Task Force to let tokenized shares, bonds, and exchange-traded funds (ETFs) remain subject to existing registration rules.
Additionally, they asked for authorization for a new “ATS-Digital” venue…
