SEC Delays Tokenized Stocks Innovation Exemption Amid Concerns: Bloomberg – Decrypt
In brief The SEC postponed its anticipated exemption for tokenized assets following concerns about third-party issuers, per Bloomberg. SEC staff has been discussing the proposed framework with stock exchange officials and market participants. Commissioner Hester Peirce defended the proposal’s limited scope, saying it would only cover digital representations of existing equities. The Securities and Exchange...
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