The brief source indicates the U.S. Securities and Exchange Commission (U.S. markets regulator) is examining an older market-structure fix as a possible route to support crypto market innovation.
The source says the U.S. Securities and Exchange Commission (U.S. markets regulator) is looking at a solution first used in the 1990s as it considers a true "innovation pathway" for crypto markets. While no further details are provided, the phrase suggests the agency is evaluating whether an existing regulatory mechanism or market-structure approach could be adapted to digital assets rather than creating an entirely new framework. In crypto policy debates, an innovation pathway generally refers to a clearer route for firms to launch products or services while remaining within securities rules.