US regulators issue comprehensive guidance on tokenized securities
In this first February edition of crypto regulatory affairs, we will cover:
US regulators issue comprehensive guidance on tokenized securities
In a significant move toward regulatory clarity, on January 28, three divisions of the US Securities and Exchange Commission (SEC) issued joint guidance addressing the application of federal securities laws to tokenized securities (financial instruments recorded in whole or in part on blockchain networks).
The guidance, published by the Division of Corporation Finance, Division of Investment Management and Division of Trading and Markets, represents the SEC’s most comprehensive statement to date on how existing securities laws apply to blockchain-based representations of traditional financial…
