SEC Clarifies Tokenization Rule Scope: Focus on Real Securities

The U.S. Securities and Exchange Commission (SEC) has been working on a new rule related to tokenization, which has sparked confusion in the crypto community.

However, SEC Commissioner Hester Peirce has clarified that the upcoming rule will only apply to tokenized versions of real securities, not synthetic securities.

This means that real stocks can be turned into digital tokens, but fake versions that only track price movement without giving ownership or voting rights will not be allowed.