SEC Chairman Paul Atkins has announced the launch of 'Project Crypto', aimed at providing clear and predictable regulations for the cryptocurrency industry. Atkins stated that most crypto tokens will not be classified as securities, allowing entrepreneurs to raise funds compliantly on the blockchain. The initiative supports super-app platforms to conduct trading, lending, and staking under a unified regulatory framework. Atkins emphasized a 'minimum effective dose' approach to regulation to reduce burdens on entrepreneurs and prevent existing giants from monopolizing advantages. He also called for collaboration with international partners like the EU, highlighting the EU's MiCA framework as a model for comprehensive digital asset regulation.
SEC Chairman Paul Atkins Announces 'Project Crypto' for Clearer Regulations
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