Story perspectives

SEC Nears Tokenized Stock Exemption as Trump Pushes Crypto Trading

5/19/2026

Summary

Story summary

The Securities and Exchange Commission (SEC) is expected to release an innovation exemption for tokenized stocks as early as this week.
President Donald Trump’s administration is pushing stock trading onto crypto platforms via the exemption.
The Republican-led Senate Banking Committee advanced legislation to clarify U.S. cryptocurrency regulations.
The SEC is leaning toward allowing tokens without company backing or consent to trade on decentralized platforms without voting or dividend rights.

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Story summary

The Securities and Exchange Commission (SEC) is expected to release an innovation exemption for tokenized stocks as early as this week.
President Donald Trump’s administration is pushing stock trading onto crypto platforms via the exemption.
The Republican-led Senate Banking Committee advanced legislation to clarify U.S. cryptocurrency regulations.
The SEC is leaning toward allowing tokens without company backing or consent to trade on decentralized platforms without voting or dividend rights.