#WORDOFTHEDAY✅ #WOTD #topicoftheweek 28 july 2025 to 3 A | A_b_Khan on Binance Square

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#WORDOFTHEDAY✅ #WOTD 
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28 july 2025 to 3 August 2025
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#ProjectCrypto Project Crypto is a comprehensive initiative by the US Securities and Exchange Commission (SEC) to modernize securities regulations for digital assets. Launched by SEC Chair Paul Atkins, it aims to provide clear guidelines for crypto asset classification, distribution, custody, and trading. The project seeks to ¹ ² ³: - *Clarify Crypto Asset Classification*: Develop clear criteria to distinguish between securities, commodities, and other digital assets - *Enable On-Chain Trading*: Allow trading of crypto asset securities and commodities on SEC-regulated platforms - *Support Innovation*: Provide exemptions and safe harbors for early-stage crypto projects, initial coin offerings, and decentralized finance (DeFi) protocols - *Modernize Custody Rules*: Update rules for registered intermediaries to support blockchain-based settlement and safekeeping - *Foster US Leadership*: Position the US as a global leader in the crypto economy and support innovation in digital finance By providing clear rules and guidelines, Project Crypto aims to promote innovation, protect investors, and support the growth of the digital asset market in the US ³ ⁴.

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