SEC allows temporary exemptions for crypto projects in the USA
Acting SEC Chair Mark Uyeda stated that the accelerated implementation of a temporary regulatory framework could promote the growth of the crypto industry:
> "A limited-time conditional exemption system… could enable the introduction of more innovations in blockchain technology in the USA in the near term."
Uyeda noted that such a framework would ease the burden on market participants, allowing for the offering of tokenized assets under a single regulation, without the bureaucracy of 50 different states:
> "Blockchain technology allows for securities transactions to be completed more efficiently and reliably than currently."
Soon, the SEC chair position will transition to Paul Atkins, who was confirmed by the Senate on April 10.
