Gate News bot message, According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) is working on an “innovation exemption” framework for cryptocurrency firms, targeted for implementation by the end of 2023.
The proposed framework is designed to enable crypto companies to operate while remaining compliant with federal securities laws. SEC Commissioner Hester Peirce stated: “We’re working hard to get it done by the end of this year.”
Source: Bloomberg
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.