SEC Chair Confirms Plan to Formalize ‘Innovation Exemption’ Before Year-End
The U.S. Securities and Exchange Commission (SEC) is set to introduce a long-awaited "innovation exemption" by year-end, providing companies with a clearer regulatory framework to experiment with digital assets and emerging technologies. This MOVE could catalyze further institutional adoption of cryptocurrencies and blockchain-based innovations.
Market participants have long sought regulatory clarity, particularly for assets like BTC, ETH, and SOL, which operate in gray areas between securities and commodities. The exemption may accelerate development in decentralized finance (DeFi) projects and layer-2 solutions built on networks such as DOT, ADA, and MATIC.