The U.S. Securities and Exchange Commission issued a blanket 5-year exemption for listing and trading tokenized securities without registering as an exchange. The SEC announced its "innovation exemption" that would give tokenized securities venues a 5-year permit to operate without having to register as an exchange. The innovation exemption has been in the works for more than a year, but was released just days after a crypto market structure legislative effort failed in the U.S. Senate. Securit…
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