The US Securities and Exchange Commission is on the verge of introducing a comprehensive 'regulation crypto' framework, outlining its approach to overseeing the cryptocurrency industry and distinguishing between transactions that may be deemed securities and those that are 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, is focused on the Securities Act of 1933 and aims to provide clarity on fundraising and startup exemptions. Atkins also hinted at the upcoming release of the long-awaited innovation exemption, which is designed to foster experimentation within a predetermined framework without unfairly disadvantageing established companies. The SEC Chair emphasized the importance of congressional support, encouraging the audience to engage in the upcoming election and maintain a favorable legislative environment for the crypto industry.