CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

crypto.news 2025-06-10 05:52:22

SEC chair Paul Atkins proposes “innovation exemption” to spur onchain development

Under the leadership of Paul Atkins, the U.S. Securities and Exchange Commission is looking to fast-track crypto innovation through exemptions and tailored rulemaking. During the fifth meeting of the SEC’s Crypto Task Force roundtable titled DeFi and the American Spirit, Atkins outlined plans for a new “innovation exemption” that would provide conditional relief from certain regulatory requirements. While broader regulatory changes remain under development, the exemptions would provide a temporary structure to support the safe deployment of onchain services. Atkins said the exemptions would be designed to support firms that are willing to meet specified conditions while developing blockchain-based systems. These measures, he noted, would allow for responsible innovation within the boundaries of investor protection and market integrity. He also revealed that SEC staff have been directed to evaluate whether additional guidance or rule changes may be needed to help registrants interact with self-executing software systems in compliance with securities laws. “These on-chain self-executing software systems have proven to be resilient in the face of crises,” he said, contrasting them with centralized platforms that have failed under recent stress. “Many on-chain systems continued to operate as designed pursuant to open-source code.” You might also like: Crypto languished in ‘SEC limbo’ for years: Paul Atkins reaffirms crypto commitments Atkins emphasised that most securities regulations were built around traditional intermediaries such as broker-dealers and exchanges. “The drafters of these rules and regulations likely did not contemplate that self-executing software code might displace such issuers and intermediaries,” he noted, calling for regulatory flexibility to accommodate these new models. Atkins, appointed earlier this year as part of President Trump’s push to establish the U.S. as a global leader in crypto innovation, has called for a “rational regulatory framework” that balances innovation with investor protection. In contrast to his predecessor’s approach , Atkins is steering the SEC toward inclusive policymaking that recognises the operational differences between traditional financial intermediaries and decentralised systems. Since taking office, he has repeatedly stressed the need for structured, participatory rulemaking that reflects the unique characteristics of blockchain systems and crypto assets. The SEC’s Crypto Task Force, led by Commissioner Hester Peirce, is expected to release its first policy report in the coming months. The report will contribute to a regulatory foundation that Atkins says is urgently needed to support the growth of onchain technologies and provide long-awaited clarity for market participants. Read more: SEC chair Paul Atkins unveils plans to remake rules on crypto securities

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta