The U.S. Securities and Exchange Commission (SEC) plans to introduce an 'innovation exemption' rule by the end of the year, allowing cryptocurrency companies to launch new products without adhering to stringent regulatory requirements, according to SEC Chairman Paul Atkins. The SEC is also developing new regulatory frameworks for crypto assets and has withdrawn several enforcement actions initiated under former Chairman Gensler. Additionally, a special task force has been established to explore new regulatory approaches. Atkins expressed a desire to boost the number of initial public offerings (IPOs) in the U.S.