🌐 SEC Chair of the USA, Paul Atkins: The world is moving to RWA faster than it seems — Fox Business
🪙 Paul Atkins, the current chair of the SEC, stated on Fox Business that the global financial market is moving towards global tokenization, and this is a matter of not 'ten years', but a few coming years.
🔄 According to him, the next stage of market development is the conversion of stocks, bonds, and other securities into tokens on the blockchain: this provides transparency, speed of transactions, and cheaper access for investors.
📌 What has already changed under Atkins:
— tokenization and crypto assets have been named a regulatory priority;
— the SEC publicly supported the tokenization of stocks, which opened the way for pilots from Robinhood, Kraken, and Gemini;
— a special 'innovation exemption' is being discussed to simplify the launch of tokenized securities in the USA.
