SEC Advances Capital Formation and Tokenization Initiatives as Congress Passes Venture Capital Bills and Prudential Regulators Address GENIUS Act Implementation and Debanking

The House passed two capital formation bills aimed at easing securities regulations for venture capital funds, and the following day SEC Chair Paul Atkins outlined the Commission’s agenda to revive U.S. capital markets, including plans to introduce an “innovation exemption” for certain crypto-related activities. The SEC also convened a panel examining how tokenization could modernize the issuance, trading and settlement of public equities while ensuring that existing investor protections…
By: Paul Hastings LLP