Atkins stated in an interview with CNBC on Wednesday (July 2): "Tokenization is an innovation. We at the SEC should focus on how to drive innovation in the market."
He compared his approach to cryptocurrency regulation with that of his predecessors, pointing out that the SEC's previous vague laws and "regulation by enforcement" practices had hindered innovation. He emphasized, "That era is over. My overall goal is to make regulation more transparent, providing a solid foundation for everyone to foster innovation and the birth of new products."
Atkins was sworn in as SEC Chairman in April, having been nominated by U.S. President Trump on his inauguration day. He is widely recognized for his open stance on cryptocurrency and digital finance, and his commitment to promoting a sound regulatory framework in the field.
Like many industry experts, Atkins recognizes the importance of supporting the growing tokenized economy.
According to a recent research report shared by Binance Research with Cointelegraph, the increasing support for cryptocurrency from the U.S. regulatory environment has made tokenization an important driver of widespread cryptocurrency adoption.
The World Economic Forum also believes that tokenization serves as a bridge connecting the traditional financial system with blockchain and has the potential to reshape the global financial landscape.
A RedStone report shows that excluding stablecoins, the total value of the real asset tokenization (RWA) market in the first half of this year has exceeded $24 billion, with the main market participants being private credit and U.S. Treasury bonds.
Atkins' positive attitude towards tokenization aligns closely with the SEC's long-standing core mission of "promoting capital formation," which is to help businesses and entrepreneurs create jobs and drive innovation.
As a specific measure to support cryptocurrency, the SEC has also made substantial progress in regulatory aspects. In April of this year, the SEC's Division of Corporation Finance issued guidance on the disclosure of information by digital asset companies, clarifying which tokens are subject to securities laws.
Recently, the regulatory agency also approved the first U.S. cryptocurrency staking ETF based on Solana (SOL), allowing investors to earn staking rewards by staking this cryptocurrency. The fund is issued by REX Shares and Osprey and was officially listed on Wednesday (July 2).
Large financial institutions are also adapting to the favorable regulatory trends for industry development, prioritizing tokenization as a new business model strategy. According to Bloomberg, JPMorgan Chase is exploring the tokenization of carbon credits through its Kinexys blockchain division in collaboration with S&P Global Commodity Insights, the International Carbon Registry, and EcoRegistry.
Related: SOL News Update: REX Shares Solana ETF Boosts Price, Can the Uptrend Continue?
Original: “The SEC Ends 'Regulation by Enforcement' and Qualifies Tokenization as 'Innovation'”
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
