Tokenization · SEC · Donald Trump · Apple · Bitcoin Magazine
SEC Delaying Plan to Allow Crypto Versions of US Stocks: Report
Compiled by KHAO Editorial — aggregated from 3 sources. See llms.txt for citation guidance.
✓ KHAO Verified
The Securities and Exchange Commission has pumped the brakes on its highly anticipated "innovation exemption" for tokenized stocks.
Key facts
- The World Federation of Exchanges, whose members include Nasdaq, Cboe, and CME Group, previously warned the SEC in a November 2025 letter that such exemptions could “dilute” existing investor
- The Securities and Exchange Commission has pumped the brakes on its highly anticipated "innovation exemption" for tokenized stocks
- The SEC, under Chair Paul Atkins, was preparing to release the so-called innovation exemption as soon as this week
- The Securities and Exchange Commission has pumped the brakes on its highly anticipated “innovation exemption” for tokenized stocks, pushing back the release of the framework as it weighs input
Summary
The Securities and Exchange Commission has pumped the brakes on its highly anticipated “innovation exemption” for tokenized stocks, pushing back the release of the framework as it weighs input from traditional stock exchanges and other market participants wary of the plan’s sweeping implications, reporting. The SEC, under Chair Paul Atkins, was preparing to release the so-called innovation exemption as soon as this week. The framework would create a new regulatory pathway allowing digital tokens linked to publicly traded company shares to trade on decentralized crypto platforms, 24 hours a day, seven days a week, bypassing the constraints of traditional stock exchanges. The exemption is part of Atkins’ broader “Project Crypto” initiative, which aims to relax existing crypto restrictions in line with the Trump administration’s pro-crypto agenda.