BlockBeats News, August 14th, the U.S. Securities and Exchange Commission (SEC) will once again delay the launch of an innovative exemption plan for tokenized assets, citing concerns raised by Wall Street and the White House. The exemption was originally intended to provide a 12 to 36-month regulatory sandbox for U.S. crypto companies to issue and trade tokenized securities.

The core controversy revolves around whether the exemption terms would allow third parties to issue stock tokens without the consent of the listed companies. SEC Commissioner Hester Peirce stated in a post that the scope of the framework is limited, only facilitating digital representation trading of existing equity securities, rather than synthetic products.