The U.S. Securities and Exchange Commission (SEC) is signaling a significant shift in its approach to the crypto sector. Chair Paul Atkins said the commission might release the innovation exemption rules for crypto firms next month. This could create a more flexible regulatory environment.
In a CNBC interview, Atkins said the SEC could release new innovation exemption rules for crypto companies within the next month.
These rules, first hinted at in September, were initially expected to be finalized by the end of this year. However, the U.S. government shutdown in October and November delayed progress. This turn of events prevented the agency from taking action during that period.
The innovation exemptions are meant to help crypto companies release new products more quickly, especially in decentralized finance (DeFi). Atkins has said that current securities laws can sometimes slow down innovation in crypto.
By giving these exemptions, the SEC hopes to support growth while still keeping rules in place. This comes as the Trump administration keeps a regulatory environment favorable to digital assets.
Atkins also commented on the crypto market structure bill, explaining that the SEC is actively assisting lawmakers with technical details. Once passed, the bill will create a broad legal framework for regulating digital assets. It is meant to give clear rules for companies working in U.S. markets.
The innovation exemptions will work alongside the upcoming bill, giving crypto firms temporary relief from some securities rules until Congress passes the law. This approach shows a more balanced way of regulating, supporting new ideas while still protecting investors.
Beyond crypto-specific initiatives, the SEC is planning policies next year to enhance initial public offerings (IPOs). This move could directly help U.S.-based crypto firms like Kraken, Grayscale, and BitGo. All of these firms have shown interest in going public.
Today, Atkins is scheduled to join Nasdaq CEO Adena Friedman in a discussion on revitalizing IPOs. He will also be delivering a major speech at the New York Stock Exchange. His speech will cover crypto rules and the SEC’s efforts to create a more supportive environment for the industry.
Atkins’ statements mark a departure from the SEC’s historically cautious approach under the previous administration. For U.S. digital asset firms, these changes could lead to faster product launches. It could also bring clearer regulations and more chances to raise capital.
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