The SEC postponed the “tokenization innovation exemption” again, and the White House and Wall Street put pressure on each other

Comparing news, the US SEC originally planned to announce the tokenized securities innovation exemption on Friday, but the plan was postponed again due to White House concerns that the move would “stab the horse” and interfere with the “Digital Asset Market Clarity Act” being promoted by Congress, and Wall Street agency SIFMA's opposition to changing the market structure through exemptions. The SEC has cancelled Friday's meeting on Thursday evening. This is not the first time it has been delayed; the SEC shelved the proposal in May of this year. At the same time, the trend of tokenization is hot. The NASDAQ, NYSE, and DTCC are deploying one after another. Citi predicts that the tokenized assets may reach the 5.5 trillion US dollar market in the 2030s.