SEC Proposes Round-the-Clock Trading for Tokenized Securities
The Securities and Exchange Commission (SEC) is taking steps to bridge the gap between traditional stocks and cryptocurrencies by proposing new regulations for crypto-related investment contracts.
The SEC plans to establish a new regulatory framework that may allow for round-the-clock trading of tokenized securities, which are essentially regular shares issued in the form of tokens on blockchain networks.
This could enable investors to trade stock outside normal trading hours, particularly when significant financial information is released at night or during weekends.
The proposed changes aim to create a stronger link between the stock exchange and the cryptocurrency industry, which operates 24/7.