Lead story · Rules
SEC Rolls Out Innovation Exemption for Tokenized Securities Venues
The U.S. Securities and Exchange Commission issued an exemption for tokenized securities trading venues.
- The U.S. Securities and Exchange Commission issued an exemption for tokenized securities trading venues.
Read original source · coindesk
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What happened
The U.S. Securities and Exchange Commission issued an exemption for tokenized securities trading venues.
Why it matters
The U.S. Securities and Exchange Commission issued an exemption for tokenized securities trading venues.
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The SEC just granted a new tokenized stock exemption, live as we were streaming. I asked @CodyCarboneDC if agency rules could just replace a crypto law entirely. His answer might surprise you. 🌊 https://t.co/gKkNFlS1cy https://t.co/CCsclnjkhF
Back in May 2025, I asked @PatrickMcHenry whether President Trump’s crypto ventures would be the biggest obstacle to winning Democratic support for the Clarity Act. Yesterday, we replayed the clip for him. https://t.co/b5cQ7cLLml
In my experience, crypto policy almost never moves the market how people expect. Conventional wisdom was that price would follow Clarity’s success or failure. Investors worked so hard to predict the vote thinking it would give them an edge. Here we are, Clarity dead, market up.
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