SEC Plans to Introduce Tokenization Innovation Exemption Policy, Former SEC Lawyer Says It Is Still Difficult to Reverse

Odaily Odaily reports that the U.S. Securities and Exchange Commission is about to launch a "innovation exemption" policy targeting tokenization, but the policy is not expected to be at the highest level of the agency's policy durability hierarchy.



A former SEC lawyer stated that the agency's authority to exempt related activities from securities law is still relatively difficult to reverse. However, SEC leadership noted that this initial policy will be narrow in scope and time-limited. (CoinDesk)