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omg SEC talking ’bout innovation exemption for ONCHAIN to boost DEFFI, lmfao they tryna pump the bags or just giving us false hope?! ๐ฅ๐๐ซก
The US SEC is exploring an “innovation exemption” to boost ONCHAIN products, says SEC President Paul Atkins. The exemption would temporarily relieve companies from specific regulations to foster innovation, as long as they meet conditions. Atkins hopes this will accelerate the development of ONCHAIN technologies in the US while rules are being reviewed. The SEC aims to create a conducive environment for transmitters and intermediaries dealing with ONCHAIN financial systems, recognizing the evolving landscape of crypto technologies. ๐๐
https://altcoin.observer/the-dry-considering-the-innovation-exemption-for-deffi/
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