The US Securities and Exchange Commission is on the verge of unveiling a proposed 'regulation crypto' framework, which aims to clarify its stance on the cryptocurrency industry and distinguish between transactions that qualify as securities and those that do not, as announced by SEC Chair Paul Atkins on Monday. The proposed regulation, currently under review by the White House Office of Information and Regulatory Affairs, focuses on the Securities Act of 1933 and will tackle issues such as fundraising and startup exemptions. Atkins also hinted at the upcoming release of the long-awaited innovation exemption, which seeks to foster experimentation within a predefined framework without putting existing companies at a disadvantage. The SEC chair emphasized the importance of congressional support, urging the audience to engage in the upcoming election to ensure a favorable regulatory environment for the cryptocurrency industry.