U.S. SEC Chairman Paul Atkins announced plans to introduce an 'innovation exemption' for tokenized securities, aiming to modernize the regulatory framework for digital assets. Speaking at the Economic Club of Washington, Atkins outlined the SEC's 'A-C-T' strategy, which focuses on modernizing regulation, clarifying boundaries, and rebuilding the rule system. The SEC has categorized digital assets into five types, with four not classified as securities, and launched Project Crypto to adapt securities rules for on-chain capital markets. Additionally, the SEC has signed a memorandum of understanding with the CFTC to harmonize definitions and coordinate oversight of digital assets. Atkins noted that previous U.S. regulatory approaches had driven innovation overseas, emphasizing the need for updated frameworks to retain market leadership.