SEC Chair: Crypto 'Innovation Hub' Will Go Live in January

BlockBeats News, December 2nd, according to market sources, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated that the agency's "innovation exemption" for cryptocurrency is expected to be released in "about a month." He noted that due to the U.S. government shutdown, progress has been delayed, but confirmed that the SEC is back on track and aims to support cryptocurrency innovation after years of resistance.

Atkins also stated that the SEC plans to launch new policies next year aimed at improving the initial public offering (IPO) market environment.