TechFlow news: On May 23, Bloomberg reported that the U.S. Securities and Exchange Commission (SEC) has delayed a broad exemption plan enabling U.S. crypto firms to trade tokenized assets tied to U.S. equities.
According to sources familiar with the matter, 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 prepared and reviewed by SEC staff.
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