SEC’s ‘Innovation Exemption’ Excludes The Synthetic Tokens Fueling Crypto’s Stock Craze

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The post SEC’s ‘Innovation Exemption’ Excludes The Synthetic Tokens Fueling Crypto’s Stock Craze appeared first on Coinpedia Fintech News

The SEC has introduced what it’s calling the “Innovation Exemption,” a new rule that allows certain tokenized stocks to trade directly onchain. The move comes just days after Congress failed to advance the CLARITY Act despite months of negotiation. The SEC said it’s been working for the past year and a half to bring clarity …