U.S. SEC to again delay 'innovation exemption' for tokenization amid Wall Street, White House concerns

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The U.S. SEC is delaying the release of its innovation exemption for tokenization, initially planned to coincide with the canceled "Reg Crypto" open meeting on Friday. The exemption aims to foster innovation in the crypto space, but concerns from Wall Street and the White House have led to a delay, impacting the industry's regulatory clarity and potential growth.