Crypto▼ Bearish
Wall Street Pushback Stalls SEC Crypto Fundraising Plan
CoinDesk ties SEC's stalled crypto fundraising framework to Wall Street and White House objections. SIFMA wants tokenized equity relief. Aug. 14 meeting next.
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Wall Street and White House concerns have stalled the Securities and Exchange Commission's planned crypto fundraising framework, CoinDesk reported Aug. 13, 2026. The outlet said the agency was again set to delay an innovation exemption for tokenization.
At issue is exemptive relief, the mechanism the SEC uses to waive full registration for certain offerings. The framework was designed to provide exemptive relief for crypto fundraising and tokenized assets. The Securities Industry and Financial Markets Association, a trade group for banks and broker-dealers, has formally requested exemptive relief from federal securities laws for tokenized equities and other digital assets.
CoinDesk cited concerns from Wall Street and the White House about the exemption. The SEC issued guidance on how federal securities laws apply to crypto assets. Commissioner Hester Peirce posted on X about digital-asset policy, though no internal commission vote has been confirmed.