Blockchain Association submits a response to the SEC, rebutting Citadel's opinions on tokenized US stocks and DeFi trading protocols.

MeNews · 2026-04-07T05:23:55+00:00

Blockchain Association responds to the U.S. Securities and Exchange Commission's arguments by Citadel regarding tokenized stocks and DeFi trading, emphasizing that tokenization is a significant upgrade to the capital markets and calling on the SEC to support innovation rather than hinder it.

MeNews

2026-04-07 05:23:55

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ME News message, April 7 (UTC+8). The Blockchain Association posted on X that today it has filed a response with the U.S. Securities and Exchange Commission (SEC) to rebut Citadel’s arguments about tokenized U.S. stocks and DeFi trading protocols. The Blockchain Association emphasized that it has pushed to have Chief Executive Officer Summer Mersinger attend the tokenization hearing, and it has initiated a tokenization policy workflow. Tokenization is the next phase infrastructure upgrade for capital markets, and the technology should not be simply equated with traditional financial intermediaries. The SEC should use existing regulatory tools to support responsible innovation rather than obstruct development. Previously, Citadel said it hopes the SEC will treat the blockchain infrastructure behind the tokenized market as traditional financial intermediary institutions (of equivalent nature) and regulate it. (Source: Foresight News)

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