SEC Postpones Tokenization Innovation Exemption Amid Wall Street and White House Pushback
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The U.S. Securities and Exchange Commission has decided to delay the release of its so-called innovation exemption related to tokenization. The exemption was initially expected to be unveiled during a scheduled open meeting focused on crypto regulation, referred to internally as 'Reg Crypto.' That meeting has since been canceled, pushing back the exemption's release. The delay comes amid concerns raised by both Wall Street stakeholders and the White House. At least a portion of the exemption had been prepared and was ready for release before the meeting was called off.
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