BiyaPay Analyst: SEC Plans to Introduce Innovative Exemption Mechanism, the U.S. is Accelerating to Become a Global Crypto Hub

ChainCatcher news reports that, according to market news, the U.S. Securities and Exchange Commission (SEC) plans to introduce new regulations by the end of the year, allowing certain cryptocurrency companies to pilot products in the U.S. market without fully complying with existing regulatory requirements, referring to this initiative as "innovation exemption."

BiyaPay analysts point out that the core significance of this mechanism lies in providing cryptocurrency companies with a flexible compliance pathway, avoiding the traditional cumbersome approval barriers while ensuring market transparency and protecting investor rights to a certain extent. If the policy is successfully implemented, the U.S. will further strengthen its central position in the global cryptocurrency industry, attracting more companies and capital. Against this backdrop, BiyaPay offers zero-fee spot and contract trading services and supports users in investing in U.S. and Hong Kong stocks using USDT, helping investors seize new opportunities brought by compliance innovation amid the accelerating integration of traditional and cryptocurrency markets.