EddieJayonCrypto
11 Apr 25
SEC acting chairman Mark Uyeda has suggested the creation of a conditional regulatory sandbox for blockchain-based securities trading. This framework would allow for innovation while maintaining regulatory oversight, enabling exploration of blockchain-based trading solutions without full regulatory ...
SEC acting chairman Mark Uyeda has proposed the creation of a conditional regulatory sandbox for blockchain-based securities trading. This framework aims to foster innovation while maintaining regulatory oversight, allowing exploration of blockchain-based trading solutions without full regulatory approval, subject to defined conditions.
Uyeda also suggested the development of a federal regulatory framework to streamline compliance for entities offering trading in tokenized securities and non-security digital assets, aiming to address the current regulatory barriers and limitations.
During the SEC Crypto Task Force’s second roundtable, Uyeda encouraged market participants to provide input on the implementation of exemptive relief effectively. He acknowledged the challenges posed by existing federal securities laws and the operational advantages of distributed ledger technology in the securities trading landscape.
Uyeda's proposal signals support for a regulatory sandbox to facilitate crypto trading innovation under a carefully defined regulatory framework.