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Robinhood CEO Vlad Tenev says tokenized equities need more than a temporary SEC exemption to flourish in the US. <\/p>\n
Robinhood CEO Vlad Tenev says uncertainty over the longevity of US tokenization rules could prevent investors from committing substantial assets to tokenized markets, despite the securities regulator opening a temporary path for onchain stock trading this year. <\/p>\n
Speaking during Robinhood\u2019s third-quarter earnings<\/span><\/a> call Tuesday, Tenev welcomed the SEC\u2019s innovation exemption<\/span><\/a> but said further rulemaking or legislation would be needed to provide longer-term regulatory certainty. <\/p>\n \u201cAs far as the innovation exemption goes, I think it\u2019s a really positive step… I do think more needs to be done to give people a little bit of certainty because as we talk to customers, I think the uncertainty of what happ<\/a>ens in five years is likely to be an impediment to, like, putting serious assets onto this technology<\/a>.\u201d<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n