• SEC’s Project Crypto to modernize outdated rules for blockchain-based securities.
• Tokenized assets gain regulatory focus for better market integration and efficiency.
• SEC targets investor protection and transparency in blockchain trading environments.

Paul Atkins, the Chairman of the U.S. Securities and Exchange Commission (SEC), has announced a new regulatory initiative called “Project Crypto.” The program’s goal is to integrate blockchain technologies directly into the U.S. capital markets. The project will focus on rewriting existing securities rules to fit the new digital asset economy and allow for broader on-chain market activity. 

Atkins stated that most current SEC regulations were built for a different era, with traditional, manufacturing-focused companies in mind, and simply don’t work f…

The post “Procrustean Bed” No More: SEC to Adopt Flexible Rules for Crypto, Says Atkins appeared first on Coin Edition.

• SEC’s Project Crypto to modernize outdated rules for blockchain-based securities.
• Tokenized assets gain regulatory focus for better market integration and efficiency.
• SEC targets investor protection and transparency in blockchain trading environments.

Paul Atkins, the Chairman of the U.S. Securities and Exchange Commission (SEC), has announced a new regulatory initiative called “Project Crypto.” The program’s goal is to integrate blockchain technologies directly into the U.S. capital markets. The project will focus on rewriting existing securities rules to fit the new digital asset economy and allow for broader on-chain market activity. 

Atkins stated that most current SEC regulations were built for a different era, with traditional, manufacturing-focused companies in mind, and simply don’t work f…

The post “Procrustean Bed” No More: SEC to Adopt Flexible Rules for Crypto, Says Atkins appeared first on Coin Edition.