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SEC Chair: Blockchain 'holds promise' of new kinds of market activity

SEC Chair Paul Atkins signaled a shift from enforcement-first policy to clear rulemaking during the Commission's roundtable on May 12. Blockchain technology could enable “a broad swath of novel use cases for securities” and foster “new kinds of market activities that many of the Commission’s legacy rules and regulations do not contemplate today,” Securities and Exchange Commission (SEC) Chairman Paul Atkins said.During his keynote address at the Commission’s May 12 roundtable on tokenization and...

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