SEC Chairman: Must Ensure Entrepreneurs Can Access On-Chain Funding Without Facing Endless Legal Uncertainty
BlockBeats News, September 11: Paul S. Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), delivered a keynote speech at the OECD's inaugural Global Financial Markets Roundtable, stating that the SEC has long used its investigative, subpoena, and enforcement powers as a weapon to disrupt the crypto industry. This approach is not only ineffective but also harmful. The SEC will now provide clear and predictable rules so that innovators can thrive in the United States. President Trump has issued an order to make the U.S. a global cryptocurrency hub.
Most cryptocurrencies are not securities, and the SEC will clearly define the boundaries. It must ensure that entrepreneurs can raise funds on-chain without facing endless legal uncertainty. The SEC must allow "super app" trading platforms to innovate, thereby increasing market participants' choices. Platforms should be able to offer trading, lending, and staking services under a single regulatory framework. Investors, advisors, and brokers should also have the freedom to choose from various custody solutions.
The SEC will collaborate with other agencies so that platforms can provide trading of crypto assets (whether they are securities or not), as well as services such as staking and lending, under a single regulatory framework. The SEC's goal is simple: to ignite a golden age of financial innovation on American soil. Whether through tokenized ledgers of equity or entirely new asset classes, the SEC hopes to break new ground in the U.S. market, under U.S. regulation, for the benefit of American investors.
You may also like

The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The little deer live by the water and grass

The world belongs to Chinese people who speak English

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

$1.3 Billion Debt: BitDeer Faces Tough Battle

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Ethereum Unveils Scaling Roadmap, What's Different This Time?
