The $75K Breach: Bitcoin Plummets 3.6% as SEC Delays Plan for Tokenized US Stocks
The crypto market was primed for a monumental convergence. For weeks, rumors circulated that the U.S. Securities and Exchange Commission (SEC), under Chairman Paul Atkins, was on the verge of releasing a revolutionary "innovation exemption." This framework would have legally allowed crypto platforms and DeFi protocols to trade tokenized versions of blue-chip U.S. equities like Apple and Tesla.