The U.S. SEC held a meeting on tokenization regulatory issues, with significant differences between traditional finance and the crypto industry on the topic of "decentralization."

The U.S. SEC Investor Advisory Committee held a meeting on asset tokenization on Thursday, with executives from Citadel, Coinbase, Galaxy, and others discussing regulatory pathways. Citadel suggested that the SEC strictly define intermediary roles such as decentralized trading protocols, which sparked opposition from some in the crypto community who believe traditional rules cannot be applied to DeFi structures.

Coinbase stated that the differences in rules should be examined on a case-by-case basis to avoid imposing inapplicable obligations. SEC Chair Atkins noted that a compliance pathway should be provided to promote the innovative development of tokenization.