TechFlow news, October 8 — According to CoinDesk, SEC Chair Paul Atkins said at an event in New York that despite the government shutdown, the SEC still plans to initiate formal rulemaking for a cryptocurrency "innovation exemption" by late 2025 or early 2026. This initiative aims to encourage developers and entrepreneurs to advance digital asset technologies within the United States, reversing the trend of innovation moving overseas over the past four years. Meanwhile, Congress is advancing the cryptocurrency market structure bill, and the GENIUS Act has begun providing a regulatory framework for the stablecoin industry.
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