The US Securities and Exchange Commission (SEC) issued detailed guidance on tokenized securities on Wednesday, clarifying that federal securities laws apply equally to blockchain-based assets regardless of the technology used to issue them. In a joint statement from the Division of Corporation Finance, the Division of Investment Management and the Division of Trading and Markets, the SEC outlined two primary classifications for tokenized securities: issuer-sponsored and third-party models. The guidance arrives amid a tokenization boom across crypto markets, with major financial institutions increasingly exploring ... (full story)