#SECTokenizationDelay

About SECTokenizationDelay

The SEC delayed its review of rules allowing tokenized securities trading, shelving on-chain stocks for now. Crypto Task Force chief Hester Peirce ("Crypto Mom") is leaving for Regent Law, costing the industry a key ally. Before departing, Peirce clarified the exemption covers only secondary-market trading of existing equities, not new on-chain issuance, narrower than the market assumed. Her successor's stance is unknown. With the delay and Peirce's exit, RWA's regulatory outlook faces a reset.