SEC Chair Calls Stablecoin Bill ‘Historic’, Pushes Tokenization Exception

The Securities and Exchange Commission Chairman, Paul Atkins, proposes an “innovation exception” to promote the tokenization of stablecoins. The move comes after the US House of Representatives passed the landmark stablecoin bill on Thursday. Atkins said that the SEC is actively looking forward to establishing clear rules for the digital asset space. 

Paul Atkins Proposes “Innovation Exception” Project for Digital Assets 

At a press event, Atkins called the stablecoin legislation, the GENIUS Act, a “historic event” in making the US a…