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Today's word of the day answer is Platform 👍 #Binance $BNB $BTC

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Today's word of the day answer $BNB $BTC #Binance

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#ProjectCrypto "Project Crypto" is an initiative launched by the US Securities and Exchange Commission (SEC) to modernize securities regulations for crypto assets. The project aims to : Clarify Regulations : Provide clear guidelines for determining whether a crypto asset is a security, and develop tailored disclosures, exemptions, and safe harbors for token distributions. Support Innovation : Foster innovation in the US crypto industry by updating outdated rules, enabling "super apps" that offer multiple crypto services under a single license, and promoting self-custody and on-chain activity. Update Custody Requirements : Modernize custody rules for digital assets held by registered intermediaries, and ensure that investors have the right to self-custody their crypto assets. Embrace On-Chain Finance : Accommodate decentralized finance (DeFi) and on-chain trading by updating federal market rules, and create space for both intermediated and non-intermediated models. The project is led by SEC Chair Paul Atkins and is designed to support President Trump's vision of making the US the "crypto capital of the world". It involves a broad range of initiatives across the Commission, including : A dedicated task force led by Commissioner Hester Peirce to explore exemptions and other authorities to ensure outdated regulations don't block progress. Providing regulatory exemptions or grace periods for early-stage crypto projects, initial coin offerings, and decentralized software to allow for innovation. $BTC $BNB

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