SEC Chair Paul Atkins confirms U.S. markets will shift on-chain as the agency clears DTC for tokenized securities transfers between registered wallets under official oversight.
SEC Chair Paul Atkins reaffirmed that U.S. financial markets are set to move on-chain, with a focus on fostering innovation and adopting emerging technologies. The SEC granted the Depository Trust Company (DTC) a no-action letter, allowing tokenized securities transfers between participants’ registered wallets with formal tracking mechanisms. This regulatory step signals the SEC’s support for blockchain integration while ensuring compliance and oversight.