[SEC Delays Tokenized Asset Innovation Exemption Plan Again]
According to a report by CoinDesk, the U.S. Securities and Exchange Commission (SEC) has once again delayed the launch of its innovation exemption plan for tokenized assets, citing concerns raised by Wall Street and the White House. The exemption was originally intended to provide U.S. crypto companies with a regulatory sandbox lasting 12 to 36 months, allowing for the issuance and trading of tokenized securities. The core controversy lies in whether the exemption provisions would permit third parties to issue stock tokens without the consent of the listed companies. SEC Commissioner Hester Peirce stated on the X platform that the framework is limited in scope, focusing solely on facilitating the digital representation of existing equity securities for trading, rather than synthetic products.
