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SEC Delays Tokenized Stocks Innovation Exemption Amid Concerns: Bloomberg
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Decrypt Editorial(08:46 PM UTC)
1 min read
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…
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