SEC Chair Paul Atkins has indicated that broad crypto innovation exemptions, covering areas like tokenized securities and DeFi, are unlikely to be finalized this month or next. Initially expected in January, the agency is taking a cautious approach and reviewing details carefully. Wall Street firms, including JPMorgan, Citadel, and SIFMA, recently met with the SEC to raise concerns about potential market impacts. Timing may also be influenced by pending crypto legislation in the Senate, though no release date is set.
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