The debate over the connection between blockchain and Wall Street experienced a rapid reversal at the end of May 2026. According to reports from Reuters and Bloomberg dated May 18, the U.S. SEC was planning to introduce an innovation exemption for trading digital versions of shares. However, as early as May 22, Yahoo Finance reported that the commission had for the time being suspended the entire plan due to resistance from the financial sector. This brief moment clearly demonstrated the innovative ambitions of regulators, which nevertheless encountered the strict boundaries set by traditional Wall Street institutions.