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SEC Chair Paul Atkins Calls for Open-Market Approach to Tokenization

Paul Atkins says policy should make room for innovation in tokenization (converting assets into blockchain-based tokens) by allowing new ideas to develop in a free and open market.

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Terms & Concepts
  • Tokenization: The process of converting assets or rights into blockchain-based digital tokens that can be issued, transferred, or tracked onchain.
  • Blockchain: A shared digital ledger that records transactions across a network in a way that is designed to be transparent and hard to alter.
  • SEC (U.S. Securities and Exchange Commission): The main U.S. financial regulator overseeing securities markets and enforcing investor protection rules.