BiyaPay analyst: SEC plans to introduce an innovation exemption mechanism, and the United States is accelerating its development into a global crypto hub

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According to ChainCatcher, according to market news, the U.S. Securities and Exchange Commission (SEC) plans to introduce new regulations before the end of the year to allow some crypto companies to pilot products in the U.S. market without fully complying with existing regulatory requirements, and calls this move an "innovation exemption."

BiyaPay analysts point out that the core significance of this mechanism lies in providing crypto companies with a flexible compliance channel, avoiding traditionally cumbersome approval barriers while ensuring market transparency and investor rights. If the policy is successfully implemented, the United States 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 investing in US and Hong Kong stocks using USDT, helping investors seize new opportunities brought about by compliance innovation amid the accelerating convergence of traditional and crypto markets.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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