BTCC
/
BTCC Square
/
Global Cryptocurrency
/
SEC Chair Vows to Establish Clear Crypto Rules in ‘Project Crypto’ Overhaul
SEC Chair Vows to Establish Clear Crypto Rules in ‘Project Crypto’ Overhaul
15
3
BTCCSquare news:
SEC Chair Paul Atkins has prioritized creating a transparent regulatory framework for crypto assets, aiming to position the U.S. as a global blockchain leader. The "Project Crypto" initiative seeks to modernize outdated securities rules, providing clarity for businesses to classify assets as securities, commodities, or stablecoins.
Atkins emphasized that securities designation offers investor benefits like voting rights and distributions. The SEC will introduce tailored disclosures and exemptions for token offerings, including ICOs and airdrops, to foster domestic innovation and reverse the trend of projects relocating offshore.
By:
Previous
U.S. Government Advances Crypto Regulation with PWG Report
Next
UK’s FCA Allows Retail Access to Crypto ETNs—But With a Warning Tag
