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Deep Tide TechFlow news: On May 23, according to Bloomberg, the U.S. Securities and Exchange Commission (SEC) has postponed a broad exemption plan for U.S. crypto companies to trade tokenized stock assets.
Insiders said that SEC staff originally planned to release the so-called “Innovation Exemption” as early as this week, allowing relevant institutions to move forward with the trading of tokenized assets linked to U.S. stocks under certain conditions. The report said that a draft of the plan was drafted and completed for review by SEC staff.