Group 1 - The SEC Chairman, Paul Atkins, aims to introduce a new "innovation exemption" mechanism by the end of this year, allowing cryptocurrency companies to launch products immediately, reflecting a more favorable stance towards digital assets [1] - The SEC plans to establish new rules for cryptocurrencies in the coming months, following Atkins' proposal in July to allow certain businesses to enter the market quickly without adhering to incompatible or burdensome regulatory requirements [1] - Since President Trump's administration began in January, the SEC has shifted towards a more friendly approach to cryptocurrencies, withdrawing several enforcement cases initiated during Gary Gensler's tenure and forming a cryptocurrency task force to help plan a new regulatory path [1] Group 2 - Atkins expressed a desire to increase the number of IPOs in the U.S., noting that the number of publicly listed companies has halved compared to 30 years ago [1] - He emphasized the goal of making IPOs great again, echoing the slogan of the "MAGA" movement [1]

Core Viewpoint - The SEC plans to introduce an "innovation exemption" rule by the end of the year, allowing cryptocurrency companies to launch new products without heavy regulatory burdens [1] Group 1: Regulatory Changes - SEC Chairman Paul Atkins announced the development of new regulatory rules for crypto assets [1] - The SEC has withdrawn multiple enforcement cases initiated under former Chairman Gensler's tenure [1] - A special task force has been established to explore new regulatory pathways for the cryptocurrency industry [1] Group 2: Market Impact - Atkins expressed a desire to increase the number of initial public offerings (IPOs) in the United States [1]

格隆汇9月23日｜美国证券交易委员会（SEC）主席表示，他希望在今年年底前出台一项新的"创新豁 免"规则，允许加密货币公司立即推出产品——这是美国证券交易委员会对数字资产采取更友好态度的 最新例证。 ...

Core Viewpoint - The SEC is accelerating the implementation of "Project Crypto" to position the U.S. as a global center for Bitcoin and cryptocurrency, aiming to modernize the regulatory framework for digital assets and enhance the competitiveness of U.S. financial markets [1][3][12]. Group 1: Project Crypto Overview - "Project Crypto" was initiated to reshape the regulatory framework for cryptocurrencies, aligning with the U.S. government's goal of becoming a global cryptocurrency hub [3][6]. - The SEC is mobilizing various departments, including the Treasury and investment management, to ensure the successful implementation of this initiative [3][12]. Group 2: Regulatory Changes and Implications - The SEC plans to clarify the classification of crypto assets, optimize state licensing, and support decentralized applications, indicating a shift towards a more accommodating regulatory environment [7][8]. - The introduction of a "Reg Super-App" will simplify the licensing process for crypto-related institutions, allowing them to operate under a single license for various asset types, thus reducing compliance costs and barriers [9][12]. Group 3: Decentralization and Innovation - The SEC will recognize both decentralized and centralized models, creating a regulatory framework that supports decentralized finance (DeFi) and tokenized securities [10][17]. - The concept of "innovation exemptions" will allow new technologies and business models to enter the market more quickly, fostering innovation while maintaining core regulatory objectives [11][17]. Group 4: Market Opportunities for Companies - Companies like MicroStrategy, Metaplanet, and Huajian Medical are positioned to benefit from the regulatory changes, enabling them to issue tokenized securities and attract global investors [12][13][14]. - The integration of digital assets with traditional capital markets is expected to accelerate, providing unprecedented growth opportunities for early adopters in various sectors [15][17].