SEC Tokenization Exemption Raises Questions About Blockchain Eligibility

Questions over which networks qualify for the SEC’s tokenization exemption have focused on Canton and Ethereum layer-2 networks as more companies oppose tokenizing their shares. Questions also concern how to define a public blockchain and a permissionless network. The SEC’s venue list does not confirm tokenized-stock eligibility ; the order sets conditions each venue must satisfy to rely on the relief. Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost