The US Securities and Stock Exchange Commission (SEC) is working on a new exemption framework to ensure the faster development of products and services based on Onchain technologies. At the crypto round table meeting titled “Defi and The American Spirit” held on Monday, Paul Atkins, SEC President, announced a “innovation exemption” plan that can provide temporary regulation exemptions under certain conditions.

Atkins, as a name with a history of crypto lobbying, said that the staff within SEC began to evaluate this new framework. This step can shorten the time of innovative products to be launched and the US can contribute to the vision of making the “capital of the crypton on the planet”.

💡 New Model: “Opening space for innovation with conditional exemption”

Atkins said that the main purpose of the new system is the temporary exemption from the complex regulatory structure of the SEC’s complex regulatory structure. Thus, a more flexible environment will be created to promote the use of Onchain technologies.

“Today’s arrangements have not been prepared by predicting a future that can disable the traditional intermediaries of self -managing software codes - brokers, consultants, stock exchanges.”

• Paul Atkins, SEC President

In this context, the efforts to reshape the existing rules of the SEC will also accelerate. The institution no longer focuses on determining the regulations not by the proceedings, but by the “Notice-Aud-Comment” method.

🏛️ Criticism of the Gensler period, emphasizing the new approach

Atkins, the previous SEC President Gary Gensler’in harsh criticism of the understanding of management, the method of shaping the crypto sector with lawsuits and compromises is now abandoned, he said.

The Gensler came up with the aggressive audit policies that the crypto ecosystem frequently criticized during his term of office. Following the resignation of the Gensler on January 20, 2025, the institution has taken a more conciliatory and explanatory attitude towards the crypto.

The SEC is currently publishing guides that stinging activities do not contradict the laws of securities, and has reduced some long -standing cases.

📊 next step: the first report is on the road

Atkins, who also took part in the Crypto Task Force unit established by SEC in January, said in a presentation at the Senate Financial Services Sub -Commission on 3 June, the first report of the unit will be published in the next few months ”.

The new approach is expected to pave the way for intermediaries and exporters working with innovative technologies, not only relieved the regulations.

Atkins’ statements indicate that the United States can open a new page in the long -standing crypto arrangements. Especially for the defi projects in which “self-executing” software is at the center of software, such exemptions can provide an advantage for the US in global competition while paved the way for innovations.