SEC plans innovation exemption by year-end to ease crypto launches, support DeFi growth, and modernize outdated financial regulations. The strategy includes what they call an “innovation exemption” that would make it easier for new blockchain products to get off the ground without immediately facing onerous regulation. The innovation exemption is well placed within this framework that is changing. SEC Exemption Could Accelerate DeFi Product ApprovalsSEC Chairman Paul Atkins made it clear that outdated securities laws must be modernized. This stability might determine the future of innovation, growth, and financial activity within the blockchain industry.