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US SEC to Announce Soon a Regulatory Proposal for Cryptocurrency 'Innovation Exemption'
Source: TokenPost Original Title: US SEC to Announce ‘Innovation Exemption’ Cryptocurrency Regulation Soon Original Link: Chairman Gary Gensler of the US Securities and Exchange Commission(SEC) stated in an interview with CNBC on December 2(local time) that the introduction of a regulation called ‘Innovation Exemption(Innovation Exemption)’ for the cryptocurrency industry is imminent.
He emphasized that the SEC has sufficient authority to pursue regulations related to cryptocurrencies and that it is necessary to embrace this long-overlooked technological innovation sector with new rules. The policy announcement was delayed due to the previous US government shutdown but has now been back on track and is expected to be announced within about a month.