In a Thursday speech, U.S. Securities and Exchange Commission (SEC) chairman Paul S. Atkins announced “Project Crypto,” an initiative to modernize the country’s securities rules and regulations to move financial markets on-chain.

“Under my leadership, the SEC will not stand idly by and watch innovations develop overseas while our capital markets remain stagnant,” he said at an America First Policy Institute event in Washington D.C. His plan includes measures to reshore crypto businesses that have left the country and to ensure that “archaic rules and regulations do not smother innovation and entrepreneurship in America.”

  • Psythik@lemmy.world
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    16
    ·
    1 day ago

    Finally, some good fucking news.

    I don’t care how much you hate it, start stocking up on BTC and ETH now. $1,000,000 BTC, here we come! :D

    • prole@lemmy.blahaj.zone
      link
      fedilink
      English
      arrow-up
      2
      arrow-down
      1
      ·
      19 hours ago

      This isn’t good news for the crypto market. MAYBE in the short term.

      But if you want it to actually grow, then you should want reasonable regulation.

    • magic_smoke@lemmy.blahaj.zone
      link
      fedilink
      English
      arrow-up
      4
      arrow-down
      1
      ·
      edit-2
      1 day ago

      Fuck that buy xmr.

      Not because you should invest, but because you’ll need a way to pay for mullvad and diy E, considering everything else.