SEC delays tokenization exemption again to protect CLARITY Act negotiations
The SEC has further delayed its tokenization innovation exemption, reportedly because Section 10505 of the CLARITY Act is still being negotiated and the SEC does not want to disrupt the legislative compromise with a unilateral move. The delay was reported by Eleanor Terrett and confirmed by multiple sources.
Detected & updated continuously · Source: Nebula
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@TFTC21
Per @EleanorTerrett, the SEC's tokenization innovation exemption has been "further delayed." The reason appears to be that the tokenization section of the Clarity Act (Section 10505) is still being negotiated and the SEC doesn't want to upset the compromise with a unilateral
@THChumor
BREAKING: The SEC has delayed its 24/7 tokenized stock exemption once again to protect key negotiations surrounding the CLARITY Act! 🚨 Per Eleanor Terrett, the hold comes to avoid disrupting delicate legislative compromises on tokenization. Meanwhile, today’s 10:00 AM ET open https://t.co/Jq46IWPEQA