Summary
- Nasdaq has reportedly raised concerns over the SEC’s approach to advancing regulation for tokenized securities.
- Nasdaq said it was concerned about the SEC’s approach to tokenized securities regulation as stock trading expands onto blockchain infrastructure.
- The SEC said it is working to establish a regulatory framework that would allow traditional financial securities, including stocks, to be handled on blockchain-based infrastructure.
Forecast Trend Report by Period
Nasdaq has raised concerns about the US Securities and Exchange Commission’s approach to advancing regulation for tokenized securities.
Cointelegraph reported on November 10 that Nasdaq voiced those concerns as the SEC works to extend stock trading to blockchain infrastructure.
The SEC is seeking to establish a regulatory framework that would allow traditional financial securities, including stocks, to be handled on blockchain-based infrastructure.
Nasdaq has taken issue with the SEC’s approach during that process, according to the report. It remains unclear which specific regulatory provisions have drawn the exchange’s concern.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.