The U.S. SEC plans to support the establishment of a regulatory sandbox, allowing cryptocurrency exchanges to experiment with tokenized securities trading

According to ChainCatcher news, as reported by Decrypt, several commissioners of the U.S. Securities and Exchange Commission (SEC) expressed support for establishing a regulatory sandbox for digital assets during the second digital asset roundtable, allowing cryptocurrency exchanges like Coinbase to experiment freely in new areas, including the provision of tokenized securities trading.

SEC Acting Chair Mark Uyeda stated in a pre-recorded video statement, "I encourage market participants developing new ways to trade securities using blockchain technology to provide input on what exemptions may be applicable." Uyeda specifically noted that a "time-limited, conditional exemption relief framework" could provide unregistered cryptocurrency exchanges the freedom to innovate in areas such as tokenized securities before relevant rules and laws are established.