🆘 SEC Chairman Paul Atkins officially announces "Project Crypto"
This is an initiative aimed at modernizing the securities legal framework, bringing the U.S. financial market into the on-chain era. It is part of a strategy to realize President Trump's vision: to make the U.S. a global Crypto hub.
🔑 5 pillars of Project Crypto:
1. Classification of digital assets (securities, commodities, stablecoins…) with specific guidelines.
2. Attracting businesses back to the U.S., supporting the legal issuance of tokens in the U.S.
3. Protecting self-custody rights, updating regulations for financial institutions holding digital assets.
4. Allowing all-in-one platforms (integrating securities, crypto, staking, lending…) to operate with one license.
5. Protecting developers, supporting DeFi activities such as AMM to operate legally.#sec $XRP