The U.S. Securities and Exchange Commission (SEC) is working to finalize a new ‘innovation exemption’ by the end of 2025.
It’s a huge change from the old way of doing things. The previous approach, which many called ‘regulation by enforcement,’ made it difficult for crypto companies to grow in the U.S., pushing much of the innovation overseas. Now, under Chair Paul Atkins, the SEC is trying to create a welcoming, regulated space for these startups to experiment with new ideas and projects. It’s a pivot from confrontation to cooperation.
If the SEC achieves its goal, we could see more innovation like Bitcoin Hyper ($HYPER) , which aims to transform the original digital currency.
Getting into the Weeds on the New Plan
The ‘innovation exemption’ is less of a free pass and more of