CFTC & SEC Dey Race on ‘Project Crypto’ as Companies Dey Reshore to US

Di US CFTC and SEC don start one kain coordinated regulatory sprint wey dem call “Project Crypto” to push crypto regulation and make America stand gidigba as leader for digital asset innovation. Na Acting CFTC Chair Caroline Pham announce am and SEC Chair Paul Atkins support am. The project come from one Trump-era executive order plus Working Group on Digital Asset Markets report wey get 18 recommendations. Di main steps be to make crypto classification clear as commodities, set registration standards for DeFi entities, update blockchain-based derivatives rules, plus create joint rulemaking and innovation sandboxes with other financial agencies. SEC Chair Atkins still dey lead campaign to bring crypto businesses back to US. This wahala don make companies like Nexo, OKX, Deribit, Wintermute, Bitmain, Kraken, and MoonPay expand or relocate their work to US. The policy change follow better regulatory clarity and show say the environment dey supportive for crypto innovation and investment. All these efforts na big step wey US dey take to modernise their crypto regulation framework. Traders suppose dey watch for upcoming guidance about spot markets and DeFi registration standards. These developments fit make market confidence rise and trading volume increase as US dey solidify im position inside the global crypto ecosystem.