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SEC, CFTC signal new U.S. crypto phase, SEC eyes tokenization exemption
SEC Chairman Paul Atkins and CFTC Chairman Mike Selig said U.S. digital asset regulation is entering a new phase as the agencies work together on a crypto framework. The officials said a joint token classification guide has already separated digital commodities, collectibles and tokenized securities. Atkins said the SEC is preparing an innovation exemption that could let companies test on-chain tokenization and securitization tools in a regulated environment within the coming weeks.