SEC Delays "Innovation Exemption" Plan for Tokenized Securities on Rights Concerns
On May 24, 2026, the U.S. Securities and Exchange Commission postponed releasing its proposed "innovation exemption" framework for tokenized securities amid investor-protection concerns. The plan was expected to create a limited, SEC-supervised sandbox for blockchain-based trading, but questions around third-party tokens and whether they preserve dividends, voting rights, and other shareholder protections contributed to the slowdown.