SEC Commissioner Peirce counters views that crypto rule will foster synthetic tokens

SEC delays tokenized stock trading plan: blood-red session for BTC, ETH, SUI, and more

SEC delays tokenized stock trading framework, sparking sharp crypto sell-off, liquidations and fear.

SEC Commissioner Peirce counters views that crypto rule will foster synthetic tokens

Hester Peirce, the commissioner behind the SEC's Crypto Task Force, made statements on the now-delayed proposal, perhaps tamping down mistaken beliefs.

SEC delays tokenized stock exemption amid industry concerns

SEC delays innovation exception for US equity token trading after pushback from traditional exchanges

The SEC's delay highlights ongoing tensions between innovation and traditional market structures, creating uncertainty for tokenized securities' future. The post SEC delays innovation exception for US equity token trading after pushback from traditional exchanges appeared first on Crypto Briefing.

SEC Puts Off Crypto Stock Plans—Bitcoin Drops Under $76,000

Bitcoin (BTC) and much of the broader crypto market fell sharply Friday evening after the US Securities and Exchange Commission (SEC) delayed a plan that would have provided broad exemptions for US crypto firms to trade tokenized assets tied to stocks. At the time of writing, Bitcoin was down to roughly $75,834, wiping out about $33.8 billion from its market capitalization. Ethereum (ETH) also slipped to around $2,000, with market cap losses of …

SEC Delays Tokenized Stocks Innovation Exemption Plan

According to the latest report, the U.S. SEC has reportedly delayed its decision to grant an innovation exemption for tokenized stocks. On May 22, SEC Commissioner Hester Peirce shared her view on the contemplated innovation exemption for the on-chain trading of tokenized NMS stock. Despite the unclear regulation, the tokenized asset market has soared above $1.5 billion in distributed value.  On May 22, the U.S. Securities and Exchange Commissio…