U.S. SEC Chairman: The entire U.S. financial market may migrate to the chain within two years

According to Foresight News, Forbes reported that US Securities and Exchange Commission Chairman Paul Atkins said that it is expected that within the next two years, the entire US financial market may migrate to the blockchain technology that supports Bitcoin and cryptocurrency. U.S. Securities and Exchange Commission Chairman Paul Atkins said in an interview with Fox Business that "this will not only be a trend for the next 10 years, but may become a reality in just two years. The next step will come with digital assets, market digitization and tokenization, which will bring "huge benefits" to transparency and risk management." Tokenization, the idea of using tradable blockchain-based tokens to represent stocks and assets, has been hailed as a potential revolution in financial markets.

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