The SEC's Innovation Exemption framework, introduced in September 2026, mandates that tokenized shares carry full dividend and voting rights and gives issuers a 30-day period to object to tokenized trading

Moving stocks, bonds, and other securities onto blockchains as tokenized assets, and the debates over investor protection, trading hours, and settlement.

Comprehensive legal regimes for digital assets, such as the EU's MiCA and proposed US market-structure bills, defining how tokens are issued, traded, and supervised.