The SEC is considering allowing companies to use Distributed Ledger technology for the issuance, trading, and settlement of securities.

On May 8, Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), stated that the SEC is considering a potential exemption order that would allow businesses to use Distributed Ledger Technology (DLT) to issue, trade, and settle securities, and would allow companies to trade eligible tokenized securities using innovative trading systems.

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