#Circle

SEC Delays Tokenized Exchange Exemption Again, Bullish and Coinbase Slide in Tandem

The SEC abruptly canceled a meeting on crypto asset issuance rules and pushed back its long-awaited "innovation exemption," sending Bullish tumbling 8% and Uniswap's UNI leading declines on the CoinDesk 20 Index, even as bitcoin and U.S. stock indexes stayed nearly flat on the same day.