SEC’s Paul Atkins Targets 2026 for Crypto Innovation Exemptions Amid Regulatory Shifts
SEC Commissioner Paul Atkins is advancing plans to introduce innovation exemptions for crypto firms, despite current delays from the government shutdown. The proposed exemptions would allow Web3 businesses to bypass certain regulations, mirroring the CFTC's recent leniency toward Polymarket. Atkins emphasized the urgency of finalizing the framework before 2026 to retain U.S. competitiveness.
The initiative aligns with Atkins' broader push to reform crypto oversight, including altcoin ETF approvals and market structure legislation. Regulatory language must balance flexibility with safeguards against systemic risks. "We want innovators to feel they can build here," Atkins stated during a joint appearance with CFTC Commissioner Caroline Pham.