🧧The SEC held a meeting on tokenization regulation issues, with clear differences between traditional finance and the crypto industry on the topic of 'decentralization'.
On December 5, news reported by The Block states that the U.S. SEC Investor Advisory Committee held a meeting on asset tokenization on Thursday, with executives from Citadel, Coinbase, Galaxy, and others participating to discuss regulatory paths. Citadel suggested that the SEC should clearly define the roles of intermediaries such as decentralized trading protocols, which sparked opposition from some in the crypto community who believe that traditional rules cannot be applied to DeFi architecture. Coinbase stated that rules should be examined individually to avoid imposing inappropriate obligations. SEC Chairman Atkins stated that a compliance path should be provided to promote the development of tokenization innovation.