SEC Chair Atkins Unveils Innovation Exemption for Crypto Firms
SEC Chair Paul Atkins announced plans to introduce an "innovation exemption" by year-end, aimed at qualified crypto firms seeking to launch new products under streamlined regulatory safeguards. The move signals a shift from the Gensler-era enforcement approach toward a more structured framework.
The agency is drafting fresh digital-asset rules and has shelved several pending enforcement cases. A newly formed task force will focus on crafting modern regulatory guardrails, prioritizing clarity and compliance to accelerate product launches and reinforce U.S. leadership in the crypto sector.