
SEC’s Proposed Crypto Exemptions Raise Questions About Balance
The SEC’s newly revealed plans for conditional “innovation exemptions” present both opportunities and challenges for the crypto sector.
Chair Paul Atkins, speaking at a DeFi-focused event, described the temporary relief framework as a way to spur blockchain development while maintaining oversight.
However, the announcement leaves key questions unanswered about exemption criteria and duration.
Atkins’ background as a former crypto lobbyist may influence the program’s development as the commission weighs how to adapt regulations originally crafted for traditional financial intermediaries to decentralized systems.