SEC Proposes ’Innovation Exemption’ to Ease Crypto Product Launches in US

The SEC unveiled plans to relax regulatory hurdles for crypto companies seeking to introduce products in the US market. Chairman Paul Atkins announced an "innovation exemption" that would allow firms to bypass traditionally burdensome requirements, with implementation targeted by end-2025. This marks a continuation of the regulator's year-long crypto-friendly stance.

Atkins emphasized the need for regulatory clarity during a Fox Business interview, stating: "We're trying to give the marketplace some kind of stable platform upon which they can introduce their products." The SEC will host industry roundtables to refine its understanding of digital assets while drafting new crypto-specific rules in coming months.

Major institutions including Bank of America and Tether are among those awaiting approval for crypto-related offerings. The move coincides with efforts to revitalize US capital markets, as Atkins noted publicly traded companies have declined by half in recent years.