Atkins' SEC Gives Crypto the Innovation Greenlight đŠâ
Crypto news and key statistics summarized in 90 seconds every weekday on @NiftyNoonNFTâŹïž: Nifty Thought: SEC Chair Paul Atkins has announced a major move to support the digital asset industry, stating he plans to institute an âinnovation exemptionâ for certain crypto products by the end of 2025. This exemption is part of a broader initiative called âProject Crypto,â which aims to dramatically lower regulatory hurdles and accelerate the integration of digital assets into the U.S. economy. The carve-out would give crypto companies temporary relief from older securities rules, allowing them to roll out new on-chain products and services under lighter oversight while the SEC develops more tailored regulations. This proactive stance marks a significant and welcome departure from the previous SEC administrationâs more cautious approach. Atkins has emphasized his goal is to create a stable regulatory platform so that the United...
Show original
4.16K
36
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.