SEC Chair Announces Innovation Exemption for Crypto Firms to Be Published in a Month

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As per The Crypto Basic, U.S. SEC Chair Paul Atkins announced that the agency plans to publish the innovation exemption framework for crypto firms within the next month. The timeline was delayed by the recent government shutdown, but the SEC has now resumed work and expects to release the exemption soon. The innovation exemption aims to provide temporary relief from full securities registration and compliance rules, allowing eligible firms to test blockchain-based products under SEC oversight. Atkins emphasized the exemption as a key priority to foster innovation and reduce legal uncertainty in the crypto sector.

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