Recently, a noteworthy signal has emerged in the crypto space—a public statement by Paul Atkins, Chairman of the U.S. Securities and Exchange Commission, revealed that an “innovation exemption policy” for the cryptocurrency industry is in the works, with concrete actions expected within one to two months. This isn’t just a market rumor—it’s a direct message from the top regulator. The policy direction is clear: to provide substantial support for the crypto sector and promote a more regulated and orderly industry.

The market reacted swiftly. After the news broke, the price of Bitcoin surged noticeably, with a daily gain exceeding 2%, reclaiming the $93,000 mark. This immediate price movement reflects the strong response of market participants to policy expectations—clearly, people see this as a positive signal.

So, what exactly does this so-called “innovation exemption” mean? Literally, it likely provides a relatively relaxed channel for crypto projects within the current regulatory framework. In other words, it’s a moderate easing of compliance requirements, giving innovative teams more room to experiment—so that new technologies and models aren’t stifled by excessively strict rules. For an industry long under regulatory pressure, this is indeed a pivotal change. The regulatory stance is shifting from strict defense to moderate accommodation. Will this lead to a new wave of development opportunities? It’s a question worth watching closely.

Of course, the specific policy details haven’t been made public yet, so it’s too early to draw conclusions. Will it benefit the entire industry or just certain sectors? Which projects will benefit first? These details will only be clear once the official documents are released. But one thing is certain: as 2025 draws to a close, the crypto market will not be calm.

Do you think this exemption policy will be a turning point for the market, or just a short-term sentiment catalyst?