SEC Chair Paul Atkins Pushes Innovation Exemption to Speed Crypto Product Approvals by Year-End

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As per Coinotag, SEC Chair Paul Atkins is pushing for an innovation exemption by year-end to allow crypto firms to launch new digital-asset products under lighter regulatory oversight. The exemption is intended to serve as a temporary measure while the SEC develops tailored rules, aiming to reduce delays for products like exchange-traded products (ETPs) and novel token offerings. The initiative is part of broader Project Crypto reforms and recent Rule 6c-11 ETF guidance. The first multi-asset crypto ETP, covering BTC, ETH, XRP, SOL, and ADA, was recently launched under the SEC’s new generic listing framework, demonstrating how regulatory updates can expedite product rollouts.

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