In brief
- SEC Chair Paul Atkins indicated Thursday that sweeping crypto innovation exemptions are unlikely to come this month.
- He said the SEC is still working through the details and approaching the matter cautiously.
- Earlier this week, Wall Street heavyweights met with the agency to express concern about exemptions for tokenized securities.
SEC Chair Paul Atkins appeared to walk back a timeline for issuing sweeping crypto-related exemptions on Thursday, just days after Wall Street leaders met with agency officials to express concerns about the plan.
The exemptions would hand crypto companies a guarantee that activity in certain areas, such as tokenized securities and decentralized finance (or DeFi), would not trigger any enforcement…
