U.S. SEC to Officially Implement 'Innovation Waiver' Program for Crypto Companies by Year-End

On the 8th, Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), announced his intention to formalize the 'Innovation Waiver' program by the end of this year or by the first quarter of 2026. This program will enable cryptocurrency companies to utilize digital assets and innovative technologies to develop products in the United States.

According to reports from CoinDesk and others, speaking at an event hosted by the law firm Katten Muchin Rosenman, Atkins acknowledged that the current government shutdown is 'hindering' the progress of SEC rule-making. Despite this, he stated that working on this exemption program remains a priority through the end of the year.

Last month, Mr. Atkins...