The assessment is based on strong, corroborating evidence from multiple high-authority sources that support both distinct claims within the statement.First, the claim that the SEC is "amending its rules for Initial Public Offering (IPO) support" is directly substantiated by the Cboe U.S. Equities Exchanges BZX Rule Filings. This primary source details a proposed rule filing to amend the IPO auction process. As Cboe is a Self-Regulatory Organization overseen by the SEC, this filing is a formal step in the SEC's process of amending its rules.Second, the claim that the SEC "is launching a crypto exemption" is strongly supported by a convergence of evidence from several credible sources. An analysis from the law firm Baker McKenzie, a discussion on Columbia Law School's blog, and a report on Mondaq all consistently refer to a new SEC initiative, variously named "Project Crypto" or "Regulation Crypto." The Columbia Law School source is particularly specific, stating the proposal is "aimed at creating specific exemptions and safe harbors for digital asset distributions." The other sources confirm a new, comprehensive framework for digital assets is being outlined by the SEC Chair. No credible sources contradict these claims. The other provided sources were deemed irrelevant as they pertained to the wrong regulatory body (IRS, Philippine SEC), were general news with no specific connection, or were simply background information. The combination of direct evidence for the IPO rule amendment and consistent, authoritative reporting on the new crypto framework makes the overall statement very likely to be true.