News & Analysis as of

Digital Securities

Cadwalader, Wickersham & Taft LLP

Regulatory Developments in Digital Finance, February 2026 - SEC Issues Guidance on Tokenized Securities

On January 28, 2026, the SEC’s Divisions of Corporation Finance, Investment Management, and Trading and Markets issued a joint statement addressing “tokenized securities.”...more

Carlton Fields

How to Tokenize Securities: SEC Staff Provides a Taxonomy of Different Approaches

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On January 28, 2026, staff of the SEC Divisions of Corporation Finance, Investment Management, and Trading and Markets issued a joint statement on tokenized securities addressing different approaches they have observed to...more

DLA Piper

SEC Issues Guidance On Tokenized Securities And Related Developments

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The US Securities and Exchange Commission (SEC) released a joint statement on January 28, 2026 clarifying the application of federal securities laws to tokenized securities. This statement, published through the SEC’s...more

Falcon Rappaport & Berkman LLP

Tokenization: The Most Anticipated, and Perhaps the Most Misunderstood, New Technology of the Decade

In the early days of 2026, you can’t open your internet browser, check the news or talk to a neighbor without hearing the word tokenization. To some, it’s the dawn of a new era, the convergence of new and efficient technology...more

Jones Day

SEC Staff Provides Its Views on Taxonomies Associated With Tokenized Securities

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On January 28, 2026, the Securities and Exchange Commission's ("SEC") Divisions of Corporation Finance, Investment Management, and Trading and Markets (collectively, the "Staff") issued a statement (the "Statement") providing...more

Cooley LLP

Statement on Tokenized Securities

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On January 28, 2026, the staff of the Division of Corporation Finance, the Division of Investment Management, and the Division of Trading and Markets of the US Securities and Exchange Commission (collectively, the SEC staff)...more

Troutman Pepper Locke

SEC Staff Issues Guidance on Tokenized Securities

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On January 28, the U.S. Securities and Exchange Commission’s (SEC’s) Division of Corporation Finance, Division of Investment Management, and Division of Trading and Markets issued a joint statement explaining how existing...more

Morrison & Foerster LLP

SEC Staff Statement on Tokenized Securities – Innovation as a Regulated Evolution

On January 28, 2026, the SEC’s Division of Corporation Finance, Division of Investment Management, and Division of Trading and Markets (collectively, the “Division Staff”) issued a joint statement outlining their views on the...more

McGuireWoods LLP

SEC Staff Clarifies That Federal Securities Laws Apply to Tokenized Securities

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SERC’ling Up is your resource for staying ahead in today’s fast-evolving financial landscape. This newsletter delivers perspectives on the latest enforcement trends, regulatory updates and high-stakes developments affecting...more

Katten Muchin Rosenman LLP

SEC Issues Guidance on Tokenized Securities

On January 28, the Securities and Exchange Commission's (SEC) Divisions of Corporation Finance, Investment Management, and Trading and Markets jointly released a joint statement on tokenized securities (Staff Statement). The...more

Loeb & Loeb LLP

NYSE to Launch Tokenized Securities Platform for 24/7 Trading

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The New York Stock Exchange just announced plans for a new tokenized securities platform, marking a significant shift towards 24/7 global markets. ...more

Cozen O'Connor

Digital Asset Developments: SEC No-Action Relief for Tokenized Reward Program; NYSE Announces Tokenized Trading Platform

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The new year has started with important developments in the digital asset landscape, as the Securities and Exchange Commission (SEC) and the New York Stock Exchange (NYSE) take action towards integrating digital assets and...more

Cooley LLP

NYSE Announces Development of Tokenized Securities Trading Platform

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On January 19, 2026, the New York Stock Exchange (NYSE) announced the development of a new platform for trading tokenized securities. The new platform will, subject to necessary regulatory approvals, enable companies to issue...more

Proskauer - Regulatory & Compliance

Two-lane Highway Takes Shape for U.S. Crypto Regulation: Digital Securities Regulation by SEC, “Digital Commodities” Regulated By...

The new Administration has a clear mandate to provide a securities regulatory pathway for crypto, but it had been unclear whether the SEC would take the initiative in building a framework for crypto regulation, or whether...more

Carey Olsen

Jersey digital assets - December 2025 update

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Our Jersey update highlights the key regulation and legislation implemented by the Jersey Financial Services Commission ("JFSC"), and it's impact on Virtual Asset Service Providers ("VASPs"), tokenisation and digital asset...more

Hogan Lovells

Hogan Lovells and TheCityUK Progress Report: Implementing the Recommendations of Our ‘Digitalisation of UK Capital Markets’ Report

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In early 2025, in partnership with Hogan Lovells, we published a landmark report on the digitalisation of UK capital markets. Embracing digitalisation, particularly through distributed ledger technology (DLT), is key to...more

Walkers

The key challenges in digital assets: What is keeping leaders up at night?

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Institutional clients prioritise scale, credibility and compliance in the digital assets sector. Distribution challenges and strict marketing restrictions remain as significant hurdles for businesses....more

Jones Day

Securities on a Sliding Scale: Inside "Project Crypto's" New Approach to Digital Assets

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On November 12, 2025, Securities and Exchange Commission ("SEC") Chairman Paul S. Atkins spoke at the Federal Reserve Bank of Philadelphia regarding the SEC's "Project Crypto" initiative, which aims to create a clear and...more

Lowenstein Sandler LLP

UCC Articles 9 and 12: A Modern Legal Framework for Secured Transactions and Digital Assets

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As the proliferation of digital assets, including cryptocurrencies, stablecoins, and tokenized securities, becomes increasingly mainstream in global finance, the legal frameworks that govern property rights over such digital...more

Latham & Watkins LLP

LathamTECH in Focus: Will Tokenized Equity Transform Capital Markets?

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In this episode of LathamTECH in Focus, Stephen Wink, Co-Chair of Latham’s Fintech and Digital Assets Industry Group, explains the changes tokenization can bring to the capital markets and the impacts ahead for equity...more

Cozen O'Connor

From Fragmentation to Framework: SEC, CFTC, and Nasdaq Seek to Advance Crypto Regulatory Framework

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On September 5, 2025, Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, and Acting Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Caroline D. Pham, issued a joint statement...more

K&L Gates LLP

The White House Working Group on Digital Asset Markets Report: Establishing Clear Regulation Based on a Digital Assets Taxonomy

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The President’s Working Group on Digital Asset Markets Report (the Report) emphasizes that a clearly defined taxonomy is essential for establishing a regulated digital asset market and identifying the appropriate federal...more

Latham & Watkins LLP

Recent Developments for UK PLCs - August 2025

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On 15 July 2025, the FCA published PS25/9 and PS25/10 outlining its final rules for the new Public Offers and Admissions to Trading regime, which will supersede the existing UK Prospectus Regulation from 19 January 2026....more

Skadden, Arps, Slate, Meagher & Flom LLP

House Bill on Digital Asset Market Structure Would Significantly Change SEC’s Jurisdiction

On May 5, 2025, several House committees jointly released a discussion draft of a bill to establish a regulatory framework for digital assets. Notably, this proposed Act would clarify the jurisdictional boundaries between the...more

Katten Muchin Rosenman LLP

Crypto in the Courts: Five Cases Reshaping Digital Asset Regulation in 2025

There has rarely been a larger or more widely distributed financial market that existed in a more uncertain regulatory context than cryptocurrencies and decentralized finance (DeFi) at the start of 2025. In the past several...more

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