"The U.S. SEC is considering regulatory exemptions for tokenization," reveals Chairman Atkins = Bloomberg

## Encourage tokenization

Paul Atkins, chairman of the U.S. Securities and Exchange Commission (SEC), revealed that the SEC is considering regulatory exemptions for the tokenization of securities. Bloomberg reported this on the 18th.

The reason for considering exceptional measures is to encourage tokenization from the perspective of innovation. Recently, the tokenization of RWA (real-world assets), including securities, has become a major trend in the cryptocurrency and blockchain space.

What is RWA?

An abbreviation for "Real World Asset." RWA that is tokenized on the blockchain includes physical assets such as real estate, artworks, trading cards, and financial securities such as stocks and bonds.

Mr. Atkins revealed this information at a press event after the GENIUS bill, which regulates US stablecoins, was passed in the House on the 17th local time.

Atkins explained that the current members of the SEC are considering what rule changes would be appropriate to encourage tokenization within the existing regulatory framework. For example, they are contemplating establishing exceptions to allow new transactions and limited regulatory relief measures to promote the construction of other components in the ecosystem of tokenized securities.

Although it has not been reported in detail, it is believed that "other components" refers to new platforms and infrastructure.

Mr. Atkins pointed out that there is uncertainty about the future of tokenization, but assets are already moving on-chain. He stated, "If tokenization is possible, it will be tokenized," suggesting that he believes the technology will become widely adopted.

Statement on the Stablecoin Bill

On the 17th, Mr. Atkins issued a statement on the SEC's official website in response to the passing of the GENIUS bill in the House of Representatives. He stated that the passage of the bill in the House and its progression to President Trump's signature marks a historic milestone for cryptocurrency entrepreneurs, financial market participants, and consumers in the United States. Currently, the GENIUS bill has reached the stage of awaiting President Trump's signature.

Mr. Atkins stated in a statement that the technology of blockchain and virtual currencies has the potential to transform the financial infrastructure of the United States, bringing benefits such as new efficiencies, cost reduction, increased transparency, and risk mitigation to all American citizens. He also mentioned that clear rules are necessary for pioneers who experiment with such exciting technologies.

Additionally, it is argued that financial innovation is important for making the United States the safest and best place in the world for investment and business. The background behind the push for tokenization seems to be this kind of thinking.

Mr. Atkins concluded by saying, "I look forward to working to make the United States, already a global leader in financial market innovation, also a hub for innovation in cryptocurrency."