Paul Atkins, the head of the U.S. Securities and Exchange Commission, revealed that the agency is nearing the establishment of a new regulatory framework targeting the cryptocurrency sector. In a speech at an event in Nashville, Atkins announced that a draft of this regulatory framework—informally known as the "Cryptocurrency Regulation"—has been referred to the White House Office of Management and Budget. This step indicates that the proposal is in its final stages before publication.

Key Issues on the SEC's Agenda
Atkins emphasized that the new framework primarily focuses on key areas such as fundraising under the Securities Act of 1933 and exemptions granted to startups. According to the information provided, the rules are designed to clarify which types of cryptocurrency transactions are subject to securities regulations and which remain outside their scope, aiming to eliminate the existing ambiguity in this sector.

He also pointed out that the long-awaited "Innovation Exemption" will be announced soon. This exemption is specifically intended to encourage new projects to enter the market without disadvantaging existing companies, seeking to strike a balance between fostering innovation and maintaining fair competition.