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SEC proposes major update to transfer-agent rules to include blockchain and tokenized securities.

Market News
01 Sep 2026
Coinpaper
View Source
Bullish
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The U.S. Securities and Exchange Commission (SEC) has proposed its largest update in decades to transfer-agent rules, explicitly incorporating blockchain-based recordkeeping and tokenized securities into a framework originally designed for paper share certificates. This proposal aims to modernize how registered transfer agents maintain ownership records and process securities transfers, reflecting current technologies like blockchain. While still a proposal open for public comment, it signals a shift toward accommodating tokenized securities and digital wallets in regulated markets. This development aligns with Ripple's ongoing efforts to build tokenization infrastructure, though the SEC has not given special regulatory status to any blockchain, including the XRP Ledger.

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