๐ SECโs DART Initiative: A Game-Changer for Crypto?
The SEC & CFTC are developing the Digital Asset Transaction Repository (DART) under the SEC Crypto 2.0 framework to enhance transparency & investor protection. It aims to centralize digital asset securities transactions, monitoring off-chain trades like OTC deals & decentralized platforms.
๐ Current Status: Still a proposed initiative (as of March 25, 2025), with no official confirmation yet. Reports suggest ongoing development, but final approval is pending.
โ๏ธ Potential Impact:
โ Stronger market oversight โ Reduces fraud & illicit activities.
โ Boosts institutional adoption โ Real-time monitoring bridges crypto & TradFi.
โ Regulatory clarity โ Provides a structured framework for compliance.
โ ๏ธ Challenges: Higher compliance costs & potential friction between regulation & innovation.
Will DART reshape crypto? The industry awaits official confirmation. Stay tuned!