SEC go publish 'innovation exemption' for crypto, stop 'regulation by enforcement'

U.S. Securities and Exchange Commission (SEC) go publish one "innovation exemption" under Project Crypto to give crypto firms small temporary relief from some securities-law obligations make dem fit launch and test on-chain products and services faster. Dem announce am on Dec 4 and dem dey expect say e go show between Dec 2025 and Jan 2026 across the two reports. The framework want replace SEC previous "regulation by enforcement" way with clearer advance guidance and rules wey fit match firm size and business model. The exemption go allow faster token sales, staking services and multi-asset trading products while dem dey finalise permanent Project Crypto rules. Eligible firms go face enhanced disclosures, investor-protection safeguards, ongoing SEC oversight and dem still must follow anti-fraud and market-integrity obligations. SEC plan to coordinate with CFTC and dem mention international frameworks like EU’s MiCA; dem never publish detailed eligibility criteria yet. Traders suppose watch for formal SEC guidance, and prepare governance, custody and reporting processes to qualify — the move intend to increase legal certainty, fit speed up product launches, and attract capital and innovation back to the U.S.