The SEC (Securities and Exchange Commission of the USA, in case anyone forgot) suddenly decided that it was time… to speak words through the mouth. And it seems we are witnessing the beginning of the most remarkable — a regulatory renaissance in the digital jungles of the USA.
Goodbye, Gensler
At the center of this crypto revolution is a new sheriff: Paul Atkins, a man who apparently knows how to distinguish bitcoin from Ponzi schemes. Unlike his predecessor Gary Gensler — a fan of the “regulation by enforcement” strategy, who punishes first and then (maybe) explains what for. Atkins does what seems impossible: he talks to the industry.
At the last #CryptoRoundTableRemarks he put forward a thesis that probably caused a nervous tick among all crypto skeptics in the White House:
“We want clarity, not fear. Rules are not a reason for panic, but the basis for innovation.”
• 64% of crypto companies in the USA complained about the lack of regulatory clarity in 2024.
• 72% of institutions do not enter DeFi precisely because of compliance risks.
• 1 trillion dollars of capital has still not entered Web3. Because it is unclear what the SEC will consider securities tomorrow.
DeFi + Wall Street = Love?
At the round table on May 12, something almost romantic was heard: “Tokenization of traditional assets” — the new fetish of regulators and banks. In other words, you take a good old bond, throw it into the blockchain — and here you have a “decentralized U.S. Treasury Bond”. More liquidity, fewer barriers, prettier reports.
But here arises the question: if an asset can be tokenized, can a token be called an asset?
Answer: still unclear. But…
“We don’t want to kill Web3. We want to integrate it into the normal economy,” — Hester Peirce, SEC.
Seriously? Did they finally understand that crypto is not just puppies in NFTs and 1000x shitcoins from the “KusokDex” exchange?
The US Treasury is also not resting.
While the SEC negotiates with the market, the US Treasury is holding closed parties with crypto leaders. Topics — everything that matters:
• Stablecoins.
• Vulnerabilities in DeFi.
• Security of DAOs and digital identity.
Interesting, isn’t it? It seems that these were once topics for Telegram chats and Discord servers, and now they are being handled by the Treasury. Somewhere in a basement of the State Department, they might already be testing their DAO…
Summary
What we have:
• The SEC is doing a 180-degree turn — from repression to dialogue.
• Tokenization is becoming mainstream — and this is already a direct threat to the old banking system.
• The USA wants to seize the initiative from Europe, Asia, and the Middle East in crypto legislation.
• And all of this under the sauce: “Let’s make the USA great again. With the help of blockchain.”