“If it can be tokenized, it will be tokenized”: the SEC under the presidency of Atkins is considering the launch of a regulatory exemption to promote innovation and tokenization of assets, marking a possible turning point in the American regulatory framework.
Tokenizzazione: cos’è l’esenzione per l’innovazione che propone la SEC?
The SEC (Securities and Exchange Commission) is seriously considering the creation of an exemption within the current regulatory framework of the United States.
This tool would be aimed at encouraging innovative trading practices and making possible a wider adoption of tokenization of financial assets.
The announcement came from the administrator Atkins, who emphasized the irresistible push towards the transfer of assets onto blockchain: “If it can be tokenized, it will be tokenized.”
This phrase, strong and clear, suggests bull sentiment towards the future of the sector, even without guarantees on the concrete outcome of the new rules.
Stated objective: selective regulatory incentives to support an increasingly digitally-oriented financial ecosystem.
In other words, to give oxygen to platforms and projects that combine crypto, DeFi, and traditional instruments, promoting efficiency, transparency, and security in the exchange of securities.
In recent days, the parliament has approved a new bill specifically dedicated to the crypto sector and the tokenization of financial instruments.
The text represents a historic turning point according to the main players in the digital sector, who see it as a concrete sign of openness and regulatory update towards the needs of the blockchain industry.
Enthusiastic support comes from the world of developers and major industry associations, convinced that regulatory clarification is the key to attracting innovation, capital, and transparent operations in the American territory.
However, critical reactions were not lacking. Part of the political class and several representatives of consumer associations have pointed out that the law still presents gray areas and potential risks.
Among the main issues: the possibility that the current rules do not sufficiently protect users against market manipulation and fraud, two risks historically associated with unregulated and/or excessively speculative platforms.
How does regulation address the topic of stablecoin?
One of the central points of the new intervention concerns stablecoin. The legislator aims to distinguish these instruments from traditional financial products, subjecting them to strict controls by banking authorities.
Stability, transparency on reserves, and stringent supervision will be the pillars of the new regime, designed to prevent cases of “systemic distrust” and protect savers and financial institutions.
In practice, it means that those who develop or distribute stablecoins will have to deal with regulatory oversight much more similar to that of banks compared to the past.
It is a clear response to the crises of recent years and an attempt to safeguard the sustainability of the sector without hindering technological development.
The legislative process now requires the transmission of the law to the President for the final signature. The new rules will come into effect in two alternative ways.
That is, either after 18 months from approval, or 120 days after the publication of the operational regulations by the competent authorities.
This will ensure that companies in the sector and regulators have an appropriate time window to adapt business, procedures, and supervisory systems, avoiding sudden shocks and promoting an orderly and effective development of the tokenized ecosystem.
The orientation of the SEC is explicitly pro-cripto. Atkins has repeatedly emphasized trust in the revolutionary potential of blockchain to modernize American economic infrastructures.
The focus remains on efficiency, transparency, and security. However, cautions persist: the same SEC has defended a prudent position on the presence of crypto (including Bitcoin) in retirement savings plans.
Specifically requesting adequate disclosures and specific guidelines to protect retail investors. The real challenge, therefore, remains finding a balance between:
- Technological development and speed of innovation
- Consumer protection
- Fraud and manipulation prevention
- Economic attractiveness of the USA market
What happens now: impact, prospects, and next moves
Tokenizing assets means making them liquid, transferable, and programmable on the blockchain. This step can revolutionize access to capital, intermediation costs, and settlement speed.
Use cases range from tokenized bonds and stocks to real estate or digital artworks.
The future depends on the balance between regulatory efforts and the ability to attract innovation without generating new systemic fragilities.
The tokenization of assets and the probable exemption on the way mark an unprecedented shift. The regulatory future, with new protections on stablecoin and clearer operational rules, could make the United States the main hub of global financial innovation.
Everything now depends on the formal signing and the timing of the adoption of the implementing rules: the coming weeks will be decisive for those operating in fintech, blockchain, and digital financial services.
Follow the regulatory evolution and participate in the debate: the future of decentralized finance is being written now.