SEC considers easing rules around tokenized securities

The US Securities and Exchange Commission (SEC) is considering rule changes to let companies more freely issue tokenized securities, SEC Commissioner Hester Peirce said in a speech published on May 8.

The regulator is “considering a potential exemptive order” for firms using blockchain technology to “issue, trade, and settle securities” that would release them from certain registration requirements, Peirce said in the speech.

For example, decentralized exchanges (DEXs) may no longer need to register “as a broker-dealer, clearing agency, or an…