#USSECPushesCryptoReform

✨The US Securities and Exchange Commission (SEC) is making rapid progress in its regulatory reforms for crypto assets! 🚀
🔹Under the leadership of Paul Atkins, the SEC is working with the CFTC under "Project Crypto" to create a token taxonomy and investment contract framework. The goal: to move away from an enforcement-focused approach and encourage innovation by introducing clear rules. 🔹The SEC Division of Corporation Finance has prioritized crypto asset reform; a token taxonomy guide and an investment contract framework are expected soon.
🔹Treasury Secretary Scott Bessent called for the rapid passage of the CLARITY Act: "The clock is ticking, clear rules will bring confidence to the market!"
🔹Atkins is pressuring Congress for the CLARITY Act; this law will clarify the SEC-CFTC jurisdictional boundaries and make the US a "crypto capital" country.
🔹Adaptations for tokenized securities and on-chain transactions are ongoing; steps such as innovation exemption may be implemented soon.
✨These reforms could accelerate the inflow of institutional capital and reduce uncertainty in the market.