PANews reported on December 5th that, according to The Block, the U.S. SEC Investor Advisory Committee held a meeting on Thursday regarding asset tokenization, with executives from Citadel, Coinbase, and Galaxy participating to discuss regulatory pathways. Citadel recommended that the SEC strictly define the role of intermediaries such as decentralized trading protocols, which drew opposition from some crypto enthusiasts who argued that traditional rules are inapplicable to DeFi architectures. Coinbase stated that rule differences should be reviewed on a case-by-case basis to avoid imposing inapplicable obligations. SEC Chairman Atkins stated that a compliance path should be provided to promote innovative development in tokenization.


