Is the SEC finally loosening up? If the obstacles to tokenizing US stocks on the blockchain are truly removed, the boundaries between DeFi and traditional finance will become even more blurred. Waiting for the comment period to see the game theory unfold.

CryptoWorld News reports that the U.S. Securities and Exchange Commission (SEC) has proposed to revoke two key National Market System (NMS) rules, 611 and 610(e), which could open new discussions for tokenized U.S. stocks and DEFI trading. SEC Chair Paul Atkins said that this proposal is intended to simplify the stock market structure, reduce costs for market participants, and allow competition and innovation to drive the ongoing evolution of the U.S. stock market. The proposal does not directly approve tokenized stock trading; instead, it launches a rulemaking process that allows market participants to submit comments before a final decision is made. Alex Thorn of Galaxy Digital said the proposal could remove a major barrier for tokenized U.S. stocks in DEFI.