Blockchain Association asks SEC to drop outdated trading rules

The Blockchain Association is pushing the U.S. Securities and Exchange Commission to repeal two market rules established in 2005. The group argues that these aging regulations create unnecessary barriers for the modern digital asset industry. By removing them, the SEC could simplify how tokenized securities move across public blockchains.

These rules were originally created before the rise of blockchain technology. The association claims they are currently blocking efficient trading for digital assets that function differently than traditional stocks. Updating these standards is a step toward integrating tokenized assets into the mainstream financial system.

If the SEC agrees to these changes, it could spark a significant shift for projects working on real world assets. Market participants should watch for any official response from the commission regarding these specific rules as the agency continues to shape its digital asset policy.