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SEC delays tokenized asset exemption amid concerns over third-party tokens: Bloomberg Law

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The Block Editorial
(07:29 PM UTC)
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Approved byJames Mitchell
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The Securities and Exchange Commission has delayed its plan for an anticipated exemption that would clarify the agency's stance on tokenized assets, following concerns over third-party issuers, Bloomberg Law reported, citing people familiar with the matter.

The SEC's staff was slated to release language for an innovation exemption, and a draft of the plan had been created and reviewed, according…

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