The whole network is blowing the whistle! I strongly feel that the cryptocurrency market will have a huge explosion this year! We must hold on!
My mindset while writing this article is similar to when ETH was at 1450 and I urged everyone to buy the dip, but no one paid attention. The most important industry dynamics in the crypto world are gradually disappearing amid everyone's FOMO, with no excitement and no one mentioning it! But this often represents the most important opportunity for us to change our destiny, so I am willing to spend a lot of time researching deeply to provide this value for everyone!
1. Previously, the SEC's main business was not the crypto world; the SEC simply treated the crypto world as a cash machine for fishing law enforcement! However, this changed with the new chairman Paul S. Atkins taking office! The SEC's current focus is to serve us in the crypto space!
2. I realized this important transformation from digging deep into Atkins' speech yesterday.
Simply summarized as follows:
(1) Greatly encourages and supports asset on-chain, emphasizing that blockchain technology is expected to bring a wide range of new use cases for securities, giving rise to many new market activities that traditional rules and regulations have not yet considered.
(2) Issuance: The new chairman stated that he will promote the establishment of clear guidelines, registration exemptions, and safe harbor mechanisms to open the path for compliant issuance of crypto assets.
(3) Custody: The SEC should grant registrants more autonomy to decide on the custody methods of crypto assets and modernize the definition and rules of 'qualified custodians' to adapt to the industry's reality.
(4) Trading: The SEC should allow registrants to trade a wider range of product types on the platform, including securities and non-securities paired trading, to adapt to the development of crypto assets. At the same time, they should do everything possible to retain innovation and talent in the crypto space.
3. The above speech is not the only standard for my judgment; after all, politicians often say one thing and do another. But when I dug deep into their specific actions on the SEC's official website, I was shocked! The SEC, as the U.S. Securities and Exchange Commission, has allocated almost all of its schedule to the crypto world!
Brothers, I strongly recommend that you increase the frequency of opening the Binance APP whenever you have free time at work, and from today on, couples should try to sleep in separate rooms!
My mindset while writing this article is similar to when ETH was at 1450 and I urged everyone to buy the dip, but no one paid attention. The most important industry dynamics in the crypto world are gradually disappearing amid everyone's FOMO, with no excitement and no one mentioning it! But this often represents the most important opportunity for us to change our destiny, so I am willing to spend a lot of time researching deeply to provide this value for everyone!
1. Previously, the SEC's main business was not the crypto world; the SEC simply treated the crypto world as a cash machine for fishing law enforcement! However, this changed with the new chairman Paul S. Atkins taking office! The SEC's current focus is to serve us in the crypto space!
2. I realized this important transformation from digging deep into Atkins' speech yesterday.
Simply summarized as follows:
(1) Greatly encourages and supports asset on-chain, emphasizing that blockchain technology is expected to bring a wide range of new use cases for securities, giving rise to many new market activities that traditional rules and regulations have not yet considered.
(2) Issuance: The new chairman stated that he will promote the establishment of clear guidelines, registration exemptions, and safe harbor mechanisms to open the path for compliant issuance of crypto assets.
(3) Custody: The SEC should grant registrants more autonomy to decide on the custody methods of crypto assets and modernize the definition and rules of 'qualified custodians' to adapt to the industry's reality.
(4) Trading: The SEC should allow registrants to trade a wider range of product types on the platform, including securities and non-securities paired trading, to adapt to the development of crypto assets. At the same time, they should do everything possible to retain innovation and talent in the crypto space.
3. The above speech is not the only standard for my judgment; after all, politicians often say one thing and do another. But when I dug deep into their specific actions on the SEC's official website, I was shocked! The SEC, as the U.S. Securities and Exchange Commission, has allocated almost all of its schedule to the crypto world!
Brothers, I strongly recommend that you increase the frequency of opening the Binance APP whenever you have free time at work, and from today on, couples should try to sleep in separate rooms!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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