SEC Chair Announces Crypto Innovation Exemption Plan for 2025

SEC Chairman Paul Atkins revealed plans for a regulatory innovation exemption aimed at crypto companies during a Fox Business interview. The exemption, targeted for late 2025, would allow digital asset firms to launch products without immediate securities law constraints.

"We're building a stable platform for product innovation," Atkins stated, emphasizing collaboration with the CFTC to resolve jurisdictional uncertainties that have previously stalled financial products. The joint effort seeks to clarify market structure while maintaining U.S. leadership in digital finance.

The initiative addresses longstanding industry complaints about regulatory ambiguity. Single stock futures were cited as casualties of the current divided oversight system between the two agencies.