SEC Don Launch Project Crypto To Make US Crypto Rules Better
SEC Chair Paul Atkins don introduce Project Crypto today, na comprehensive plan to modernize US crypto regulation and move financial markets to blockchain. The plan set clear rules for how digital assets go classify, custody, trading, tokenized securities issuance, ICOs, airdrops, and rewards. E still dey propose "super-apps" wey go combine securities and crypto services under one license plus DeFi integration via AMMs. Dem wan reverse old enforcement-first policies and also offer regulatory relief. The main goal na to bring offshore crypto companies back and attract new players. For short term, clearer rules go boost market confidence and reduce regulatory wahala. For long term, this initiative fit drive wide onchain adoption, tokenization and infrastructure growth for US crypto markets. Industry people welcome di drop of lawsuits against Coinbase and Gemini, but some critics dey warn say looser rules fit increase fraud risk.
Neutral
Project Crypto dey implement regulatory clarity wey fit boost market confidence by reduce uncertainty. Short-term, clearer rules and enforcement relief fit increase trading activity and institutional participation. Long-term, onchain adoption and tokenization under one consistent framework fit support infrastructure growth. But as the announcement focus on policy rather than direct asset support, e immediate price impact on individual cryptocurrencies no too clear, so e deserve neutral outlook.