Chairman of the U.S. SEC: Proposes to Launch an Innovation Exemption for Tokenized Securities to Advance the "Project Crypto" Strategy

Techub News reports that in his one-year anniversary speech, SEC Chairman Paul Atkins outlined his core "A-C-T" strategic plan, clearly stating that he will promote the on-chain transformation of capital markets through "Project Crypto." Atkins revealed that the SEC will soon issue an "innovation exemption" aimed at providing an experimental legal framework for compliant on-chain trading of tokenized securities, while also committing to developing long-term industry guidance rules.

At the capital market level, the strategy proposes a "Make IPOs Great Again" agenda, which includes the following key reforms: adopting a regulatory IPO "quiet period"; expanding the convenience policies currently applicable only to emerging and small businesses to more companies; providing a simpler "shelf registration" path for almost all listed companies to quickly access the market; and granting companies the right to choose whether to submit financial reports quarterly or semi-annually. Atkins emphasized that future enforcement priorities will fully shift to combating fraud and strictly pursuing personal accountability. By combining institutional innovation with precise enforcement, market integrity will be enhanced and investor interests will be protected.