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SEC pushes new crypto rule despite major Wall Street warnings
The U.S. Securities and Exchange Commission (SEC) is preparing to introduce a long-awaited “innovation exemption” for crypto firms. After years of tension between Washington and the digital-assets sector, the agency now appears ready to formally open the door to on-chain products built within the U.S., not offshore. SEC Chair Paul Atkins said on Dec. 2 that the regulator is “on track” to roll out an innovation exemption for crypto activities, expected in January following delays from the recent government shutdown. “I’m looking forward to having an innovation exemption that we’ve been talking about now. ... (full story)
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