SEC postpones tokenized-asset innovation exemption over third-party token issues

The U.S. Securities and Exchange Commission has pushed back work on a planned exemption meant to clarify how it views tokenized assets, after concerns surfaced around third-party token issuance. SEC staff has been meeting with stock-exchange officials and market participants over the past few days and is weighing feedback, while the agency chair has said the proposal is intended to serve as a sandbox for onchain equities.