U.S. SEC Chairman: SEC plans to officially launch the “Innovation Exemption” before the end of the year or in Q1 of 2026

PANews reported on October 8 that according to CoinDesk, the U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins said at an event in Manhattan that the agency still hopes to establish an "innovation exemption" policy for companies doing business based on digital assets and other innovative technologies in the United States as soon as possible (as soon as possible or by the end of this quarter). Although the current government shutdown has restricted the SEC's ability to advance rulemaking, formulating this policy is still its top priority at the end of this year or the first quarter of 2026. He said that the agency intends to start rule-making work before the end of 2025 or the first quarter of 2026, and is confident that it can be done; the implementation of formal rule-making in the cryptocurrency field can enable it to break away from the previous regulatory model. During the question and answer session, he said that the exemption policy he was promoting was one of the things he hoped to finalize as soon as possible, and he wanted to use this to welcome innovators to do business in the United States. In addition, he pointed out that the government shutdown has hindered work and rulemaking has been suspended. He also praised Congress’s efforts to pass cryptocurrency laws and mentioned the GENIUS Act, but said that the SEC did not play a major role in it.
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