U.S. SEC Chairman: The SEC plans to officially launch the "Innovation Exemption" by the end of the year or in Q1 2026

ChainCatcher news, according to CoinDesk, SEC Chairman Paul Atkins stated at an event in Manhattan that the agency still hopes to establish an "innovation exemption" policy for companies conducting business in the U.S. based on digital assets and other innovative technologies as soon as possible. Although the current government shutdown has hindered the SEC's ability to advance rule-making, developing this policy remains a top priority for the end of this year or the first quarter of 2026.

He mentioned that the agency intends to initiate rule-making by the end of 2025 or the first quarter of 2026 and is confident it can do so; implementing formal rule-making in the cryptocurrency space could help it move away from previous regulatory models. During the Q&A session, he stated that the exemption policy being promoted is one of the matters they hope to finalize soon, aiming to welcome innovators to conduct business in the U.S. Additionally, he pointed out that the government shutdown is obstructing work, rule-making has been paused, and he praised Congress's efforts to pass cryptocurrency legislation, mentioning the "GENIUS Act," but noted that the SEC did not play a major role in it.