SEC just dropped an "Innovation Exemption" — basically a sandbox for on-chain US stocks.

Yeah, CLARITY Act stalled. But while everyone's doom-scrolling Congress, regulators are quietly building rails:

• Temporary relief for tokenized stock venues (AMMs, liquidity pools)
• Volume caps + limited symbols while they collect data
• Full shareholder rights baked in (voting, dividends)
• Public audited contracts required

Not saying it's perfect. But it's movement. Real experimentation happening outside the headline drama.

This is how things actually shift — boring regulatory tests that most people ignore until they suddenly matter.