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Bitcoin drops below $76K after SEC delays tokenized stocks plan
Bitcoin fell below $76K after the SEC delayed its innovation exemption for tokenized stocks, erasing $33.8B in market value amid exchange industry pushback.
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cryptobriefing.com
SEC delays plan for crypto versions of US stocks
The SEC has indefinitely delayed its 'innovation exemption' framework for tokenized US stocks, sparking a Bitcoin decline and a 4.4% drop in Coinbase shares.
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SEC delays innovation exemption for tokenized stocks amid concerns from exchanges and market players
The SEC has delayed its planned innovation exemption for tokenized stocks after pushback from stock-exchange officials and internal concerns about market fragmentation.
