SEC Chair Atkins Says 'The Time Is Right' For 401(k) Crypto Access, But Tokenized Stocks Are A Different Matter

SEC Chair Paul Atkins on Wednesday opened the door to crypto in $12.5 trillion worth of 401(k) retirement accounts but simultaneously issued new guidance on the synthetic tokenized stock market, requiring issuer approval for legitimate equity tokens. The 401(k) Crypto Green Light Atkins told CNBC the “time is right” to allow crypto exposure in 401(k) plans, noting millions of Americans already hold digital assets through professionally managed pension funds. The structure matters. In pension funds, prof ...