🏛️ SEC MOVES TO LIMITED OPERATIONS AMID PARTIAL GOVERNMENT SHUTDOWN As of Jan 31, 2026, the SEC is operating with a skeleton crew, stalling its crypto-regulatory push. New tokenized security filings and crypto product applications, including spot ETFs, are on hold, and the highly anticipated “crypto innovation exemptions” for DeFi and tokenized assets have been delayed. The EDGAR system remains online, but filings won’t be reviewed, while essential enforcement staff continue responding to emergencies and protecting investors.