US SEC expects to roll out innovation exemption for crypto in January
The SEC plans to introduce a crypto "innovation exemption" within the next month to encourage digital asset innovation in the US.Summary
SEC Chair Paul Atkins announced that the agency is aiming to release an "innovation exemption" for crypto-related activities within about a month, despite delays caused by a government shutdown. This exemption is intended to help the US embrace digital asset innovation, which Atkins suggested the country has historically pushed back against. The SEC is also providing technical assistance to Congress on related legislation. The goal of the exemption is potentially to allow crypto firms to launch on-chain products more easily, positioning the US as a blockchain hub. However, major stock exchanges have raised concerns with the SEC regarding the loosening of rules for crypto platforms, especially with the rise of tokenized stocks.
(Source：Crypto Briefing)