Policy implementation depends on subsequent details and real-world execution.
Odaily星球日报
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Odaily Planet Daily News: US SEC Commissioner Mark Uyeda said the SEC previously dropped some lawsuits against crypto companies because the regulatory policy was preparing for a “180-degree turn.” If the SEC continued to defend legal interpretations that were about to be overturned in court, it could damage the SEC’s credibility.
In addition, Uyeda views the SEC’s recently introduced tokenized securities “innovative exemption” as a pilot-style arrangement, believing it can create opportunities for new entrants and traditional financial institutions to explore on-chain securities trading. The exemption was approved on September 17 and is a temporary, conditional regulatory exemption.
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