U.S. SEC Delays Release of U.S. Stock Tokenization Asset Trading Exemption Plan
According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) has delayed a broad exemption plan aimed at enabling U.S. crypto companies to trade tokenized assets tied to U.S. equities. Sources familiar with the matter said SEC staff had originally planned to issue the so-called “Innovation Exemption” as early as this week, permitting relevant entities to proceed with trading equity-linked tokenized assets under certain conditions. The report states that the draft of this plan has already been drafted and reviewed by SEC staff.