SEC Proposes Regulatory Exception for Crypto Innovation

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In a move to foster blockchain innovation, SEC Chair Paul Atkins announced plans for a conditional exemption program during Monday’s DeFi roundtable.

The temporary regulatory relief would enable crypto projects to operate with modified compliance requirements while the SEC considers permanent rule changes.

Atkins, who previously advocated for crypto interests, emphasized the need to modernize securities regulations designed for traditional financial intermediaries.

“We’re working to create pathways for innovation while maintaining appropriate safeguards,” he stated, directing staff to develop both exemption criteria and potential rule amendments.