The U.S. Securities and Exchange Commission has delayed releasing a proposal for an \'innovation exemption\' that would allow tokenised stocks to trade on crypto-based platforms. Concerns include the risk of third parties issuing stock-linked tokens without listed companies\' consent and challenges in verifying token holders and their eligibility to exercise shareholder rights. The SEC has gathered feedback from hundreds of market participants and is adjusting details rather than reversing direction.

Jeju Bank customers will be able to use banking services at post office counters without paying additional fees. Korea’s Postal Service said it signed an agreement with Jeju Bank and the Korea Financial Telecommunications and Clearings Institute on the joint use of the post office counter network. Services will start at post offices in Jeju from May and expand to post offices nationwide from September.