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Statement on the Innovation Exemption: A Bridge Toward Durable Rulemaking

The SEC has introduced the 'Innovation Exemption,' providing temporary, conditional relief for Tokenized Securities Venues (TSVs) and certain liquidity providers to facilitate onchain trading of tokenized NMS stocks.

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Read the original report at SEC Crypto Newsroom
Why It Matters

It allows for the legal onchain trading of certain tokenized stocks in the US under specific conditions, bypassing the need for immediate congressional action via the CLARITY Act.