The SEC Moves to Rewrite Who Keeps the Book on Tokenised Shares

The SEC proposed a broad update to its decades-old transfer agent rules — the regime governing the recordkeepers who track securities ownership — to accommodate blockchain recordkeeping and tokenised securities, per CoinDesk and Cointelegraph, and separately announced an event on round-the-clock US trading. Coverage framed the proposal as addressing the ownership-verification gap in current tokenised stock structures; no final text or implementation timeline was confirmed.