Office of Foreign Assets Control (OFAC)

Rule Changes

Sanctions rules apply to tokenized stock venues

The Securities and Exchange Commission (SEC) on Sept. 17 issued the Innovation Exemption, a five-year conditional order letting licensed venues trade blockchain versions of major US stocks. Stock tokens must carry the same dividends, voting rights, and other privileges as ordinary shares, and issuing companies can veto tokenization within 30 days of notice.

Updated 2 hours ago