Source: TokocryptoBlog
Original Title: Quietly Making Waves! SEC Launches Project Crypto, Investors Abuzz!
Original Link: https://news.tokocrypto.com/diam-diam-menggebrak-sec-luncurkan-project-crypto-investor-heboh/
The U.S. Securities and Exchange Commission (SEC) has announced “Project Crypto,” an initiative marking the United States’ official move toward integrating blockchain technology into the national market system. The program, announced directly by SEC Chair Paul Atkins, is being hailed as the most significant regulatory change in the digital asset industry in recent years.
In his official speech, Atkins asserted that blockchain will serve as a “structural enhancement” for financial infrastructure, not a total replacement of the existing system. He emphasized that the main focus of Project Crypto is asset tokenization, not a transition to a Bitcoin-based system.
Modernizing U.S. Market Rules
Project Crypto is designed to update the regulatory framework to better align with rapidly developing on-chain technology. The plan includes:
Simplifying rules related to self-custody of digital assets
Harmonizing licensing for platforms offering crypto securities and non-security assets
Creating a more stable regulatory environment to attract innovation and institutional capital
This move is seen as a turning point in SEC policy, which was previously known for its strict stance on the crypto industry.
Market Response: Cautious but Optimistic
Industry players welcomed the initiative warmly, yet remain cautious. SEC Commissioner Hester Peirce praised the move as a genuine effort to reduce barriers for digital asset companies. Other industry leaders view this shift as a hopeful step toward a more balanced regulatory approach.
Even so, market reactions remain mixed. Many investors are waiting for the technical implementation of these new policies before making major moves.
Impact on Bitcoin: Price Fluctuates, Interest Remains High
Amid the SEC’s major announcement, Bitcoin (BTC) was trading at $89,343.97 with a market capitalization of $1.78 trillion. Despite a 1.05% increase over the past 24 hours, BTC is still down sharply by 26.75% over the last 60 days.
Analysts say Project Crypto has the potential to accelerate institutional adoption of digital assets. Although price volatility remains high, the focus on tokenization is expected to open the door to broader participation in the future.
With the launch of Project Crypto, many believe the U.S. is entering a new phase—a phase where digital assets are no longer a fringe experiment, but an integral part of the modern financial system.
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SEC Launches Crypto Project: Major Step in Blockchain Integration into the US Financial System
Source: TokocryptoBlog
Original Title: Quietly Making Waves! SEC Launches Project Crypto, Investors Abuzz!
Original Link: https://news.tokocrypto.com/diam-diam-menggebrak-sec-luncurkan-project-crypto-investor-heboh/
The U.S. Securities and Exchange Commission (SEC) has announced “Project Crypto,” an initiative marking the United States’ official move toward integrating blockchain technology into the national market system. The program, announced directly by SEC Chair Paul Atkins, is being hailed as the most significant regulatory change in the digital asset industry in recent years.
In his official speech, Atkins asserted that blockchain will serve as a “structural enhancement” for financial infrastructure, not a total replacement of the existing system. He emphasized that the main focus of Project Crypto is asset tokenization, not a transition to a Bitcoin-based system.
Modernizing U.S. Market Rules
Project Crypto is designed to update the regulatory framework to better align with rapidly developing on-chain technology. The plan includes:
This move is seen as a turning point in SEC policy, which was previously known for its strict stance on the crypto industry.
Market Response: Cautious but Optimistic
Industry players welcomed the initiative warmly, yet remain cautious. SEC Commissioner Hester Peirce praised the move as a genuine effort to reduce barriers for digital asset companies. Other industry leaders view this shift as a hopeful step toward a more balanced regulatory approach.
Even so, market reactions remain mixed. Many investors are waiting for the technical implementation of these new policies before making major moves.
Impact on Bitcoin: Price Fluctuates, Interest Remains High
Amid the SEC’s major announcement, Bitcoin (BTC) was trading at $89,343.97 with a market capitalization of $1.78 trillion. Despite a 1.05% increase over the past 24 hours, BTC is still down sharply by 26.75% over the last 60 days.
Analysts say Project Crypto has the potential to accelerate institutional adoption of digital assets. Although price volatility remains high, the focus on tokenization is expected to open the door to broader participation in the future.
With the launch of Project Crypto, many believe the U.S. is entering a new phase—a phase where digital assets are no longer a fringe experiment, but an integral part of the modern financial system.