The U.S. Securities and Exchange Commission (SEC) has granted temporary exemptions from several compliance dates under the National Market System (NMS) rules, effective October 31st. This move sets a precedent for suspending enforcement actions against exchanges when regulatory rules are in flux and clear guidance is unavailable. The SEC's decision aims to ensure the orderly functioning of markets, following a court's rejection of a stay of execution request. This exemption could impact cryptocurrency exchanges like Coinbase, Kraken, and Binance, which may benefit from similar enforcement suspensions. The SEC's announcement highlights the need for regulators to develop workable standards amid changing rules and funding interruptions.