- According to the latest report, the U.S. SEC has reportedly delayed its decision to grant an innovation exemption for tokenized stocks.
- On May 22, SEC Commissioner Hester Peirce shared her view on the contemplated innovation exemption for the on-chain trading of tokenized NMS stock.
- Despite the unclear regulation, the tokenized asset market has soared above $1.5 billion in distributed value.
On May 22, the U.S. Securities and Exchange Commission reportedly delayed its plan to grant an innovation exemption for the on-chain trading of tokenized stocks.
According to the sources related to matters, a draft framework was ready and expected to be introduced as early as this week. However, the agency has decided to delay the release in order to review feedback from stock exchanges and traditional market entities.
While on one hand, the U.Sf. officials are advancing a major regulatory framework, the CLARITY Act, the delay in the innovation exemption for token...
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