{"id":49199,"date":"2025-09-24T07:01:32","date_gmt":"2025-09-24T07:01:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=49199"},"modified":"2025-09-24T07:01:32","modified_gmt":"2025-09-24T07:01:32","slug":"sec-eyes-more-crypto-clarity-innovation-exemption-could-come-by-year-end-chair-atkins","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=49199","title":{"rendered":"SEC Eyes More Crypto Clarity: \u2018Innovation Exemption\u2019 Could Come By Year-End \u2013 Chair Atkins"},"content":{"rendered":"
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In a recent interview, the Securities and Exchange Commission (SEC) Chairman discussed the importance of establishing a crypto market structure legislation and the regulatory agency\u2019s effort to implement a rule exception for digital asset firms in the coming months.<\/p>\n

SEC To Offer More Crypto Clarity By Year-End<\/h2>\n

On Tuesday, SEC Chairman Paul Atkins joined<\/a> FOX Business to discuss the US Congress\u2019s crypto legislation and the agency\u2019s measures to make the industry \u201cstand on firm ground\u201d and provide the long-awaited regulatory clarity to advance the digital assets sector in America.<\/p>\n

Atkins stated that the Commission is \u201ctrying to get the marketplace some kind of stable platform upon which they can introduce new products,\u201d citing the recently approved<\/a> new generic listing standards for spot crypto exchange-traded funds (ETFs) as one big step toward their goals.<\/p>\n

The SEC Chief affirmed that \u201ca lot is going on\u201d for the agency, including working on rulemaking and setting an innovation exemption for crypto firms by the end of 2025. Following the successful \u201cCrypto Week\u201d in July, he revealed that the Commission was exploring some regulatory changes to boost innovation.<\/p>\n

As reported<\/a> by Bitcoinist, the Chairman shared that the agency was considering an innovation exemption that would \u201cpermit novel ways of trading and more narrowly tailored forms of relief to facilitate the building of other components of a tokenized securities ecosystem.\u201d<\/p>\n

The rule exemption would allow crypto firms to quickly launch products without having to comply with \u201cburdensome prescriptive regulatory requirements that hinder productive economic activity.\u201d<\/p>\n

Instead, crypto firms would \u201cbe able to comply with certain principles-based conditions designed to achieve the core policy aims of the federal securities laws,\u201d Atkins detailed in a late July speech.<\/p>\n

CFTC, SEC To Work \u2018Hand in Glove\u2019<\/h2>\n

During the interview, the SEC Chairman also discussed the regulator\u2019s ongoing collaboration with the Commodity Futures Trading Commission (CFTC) and the potential consolidation of the two agencies, with Atkins as the leader.<\/p>\n

It\u2019s worth noting that the CFTC is currently in leadership limbo as the confirmation<\/a> process of President Trump\u2019s nominee for Chairman, Brian Quintenz, has stalled following a request from the White House.<\/p>\n

The regulatory agency, intended to be a five-person, bipartisan commission, is down to only acting Chair\u00a0Caroline Pham, who is also expected to depart from the agency once a permanent chief is appointed.<\/p>\n

\u201cI have my hands full right now,\u201d Atkins said, shutting down the idea. \u201cWe are working hand in glove right now with the CFTC, so harmonization is what I envision. People have been discussing this issue for a long time, and I think we\u2019re at a point now, especially when we look at the changes in the digital asset area, that it\u2019s incumbent on the two agencies to work hand in glove.\u201d<\/p>\n

\n

What we have to really focus on is that over the years, there\u2019s been (\u2026) jockeying for position, and we don\u2019t need regulatory turf battles. The field is littered with bodies of would-be products (\u2026) that over the years have been torpedoed by the lack of certainty as between what falls within the SEC\u2019s realm and what\u2019s the CFTC\u2019s realm.<\/p>\n<\/blockquote>\n

Speaking about crypto market structure legislation, the regulator highlighted<\/a> the importance of the bill. He explained that with the enactment of the GENIUS Act for stablecoin regulations, the market structure must be a priority \u201cso that there\u2019s certainty in the marketplace and direction to the SEC and CFTC to work together.\u201d<\/p>\n

Ultimately, he anticipated that the two regulatory agencies would work on joint rulemaking to \u201ctry to future-proof these rules and the relationships from some rogue regulations in the future.\u201d<\/p>\n

\"crypto,<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

In a recent interview, the Securities and Exchange Commission (SEC) Chairman discussed the importance of establishing a crypto market structure legislation and the regulatory agency\u2019s effort to implement a rule exception for digital asset firms in the coming months. SEC To Offer More Crypto Clarity By Year-End On Tuesday, SEC Chairman Paul Atkins joined FOX […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-49199","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/49199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49199"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/49199\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}