SEC Chair Paul Atkins Drops Bombshell: Project Crypto Officially Greenlights ICOs, Airdrops & DeFi Free-For-All
Wall Street's watchdog just handed crypto the keys to the kingdom—and TradFi brokers are already sweating.
SEC Chair Paul Atkins unveiled Project Crypto today, a regulatory sandbox that effectively endorses ICOs, airdrops, and decentralized finance experiments. The move bypasses years of bureaucratic hand-wringing with a single memo.
The New Rules (Or Lack Thereof)
No more 'security' classification debates for token sales. No more airdrop gray zones. The framework treats crypto assets as their own asset class—with all the volatility and 1000x moonshots that implies.
Bankers Hate This One Trick
Insiders whisper the decision came after hedge funds quietly shifted 30% of portfolios into altcoins. 'They realized they were missing the casino floor,' quipped one blockchain dev.
Atkins' parting shot? 'Innovation shouldn't need permission slips.' Cue the sound of compliance officers screaming into their Bloomberg terminals.
