SEC Delays Crypto Regulatory Exemptions Amid Wall Street Concerns

SEC Chair Paul Atkins has announced a delay in the timeline for issuing broad crypto-related regulatory exemptions, which were initially expected in January. According to NS3.AI, the postponement comes after Wall Street firms expressed concerns about the potential risks these exemptions could pose to investor protection and market stability. Atkins noted that the finalization of the crypto innovation exemptions will depend on further developments in Senate legislation and ongoing regulatory considerations.