Stock Tokenization: What the SEC’s Five-Year Exemption Means
Stock Tokenization: What the SEC’s Five-Year Exemption Means 1. Introduction: What Changed, and When On 17 September 2026 the US Securities and Exchange Commission issued an order it calls the Innovation Exemption, granting temporary, conditional relief that lets a new category of venue trade certain tokenized US stocks on a blockchain. The relief runs five…
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