SEC Project Crypto Don Set Rules for Tokenization and DeFi
Project Crypto, wey SEC Chairman Paul Atkins yan, don change US securities law dem for blockchain, digital assets and DeFi matter. E put clear rules for tokenization and how assets dem go take get classification. The framework fit sabi NFT dem, stablecoin dem and investment contracts apart. E clear how token fit drop and e get safe harbor for airdrops, staking rewards, and initial token offerings. Project Crypto update custody standards, add self-custody rights and modernize old rules like Reg NMS to boost market competition. The plan dey align with GENIUS Act wey get utility-focused stablecoin regulation and e give startup dem innovation exemptions. By supporting on-chain infrastructure plus balanced DeFi compliance, the project wan help increase on-chain capital formation and make US blockchain leadership strong. Traders supposed dey watch how compliance guidelines and stablecoin policies dey change for better trading chance dem.
Bullish
Project Crypto clear clear rules dem get for token classification, issuance and custody dey reduce regulatory wahala and legal risk dem, wey dey usually good for crypto market. For short term, company kin get compliance cost plus adjust how dem dey operate make dem fit follow new DeFi and stablecoin guidelines. But, when safe harbors and innovation exemptions come, e go make token launch and DeFi product development catch speed. For long term, modern custody standard dem and updated market rules like Reg NMS go make capital flow better, liquidity high plus U.S. fit lead for blockchain matter. Overall, better regulatory clarity under Project Crypto go support higher trading volume and stablecoin use, wey go make outlook good.