Citing BeInCrypto, the US Securities and Exchange Commission (SEC) plans to introduce a new 'innovation exemption' by December, allowing crypto firms to launch products faster. SEC Chairman Paul Atkins stated the change would let companies deploy services first and comply later, aiming to create a more stable platform for innovation. The White House is also driving legislative action, with a comprehensive market structure bill expected by year-end. President Trump signed an executive order in August to revise retirement plan rules, potentially allowing employer-sponsored 401(k) accounts to include Bitcoin and other alternative assets. House Republicans have urged the SEC to act quickly, arguing that new investment options could broaden diversification for 90 million Americans. Critics, however, warn of risks including volatility and investor protection concerns.
US SEC and White House Push for Fast-Tracked Crypto Rules by Year-End
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