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SEC Innovation Exemption: What Cryptocurrency Holders Need to Know The Securities and Exchange Commission is moving forward with a new regulatory framework that could significantly affect how blockchain activities are classified and overseen. SEC Chair Paul Atkins announced on December 2 that the agency remains on track to introduce an innovation exemption for cryptocurrency activities, with implementation expected in January following delays caused by the recent government shutdown. What the Rule Does The proposed exemption is designed to allow cryptocurrency firms to launch certain on-chain products with reduced regulatory friction while maintaining formal SEC oversight. Rather than requiring the full registration process traditionally associated with securities offerings, qualifying projects could operate under this streamlined framework. The core issue centers on how blockchain activities are classified. The SEC's approach suggests that many on-chain transactions...