The SEC finally stopped doing surprise enforcement this time.


It used to be criticized, with regulation relying solely on lawsuits and vague standards.
Projects issuing tokens were constantly worried, not knowing if they would be targeted by the SEC.
Now it has directly shifted direction and proactively started building rules.
The SEC Chairman officially launched the "Project Crypto" plan, the core of which is to move the entire traditional capital market of the United States onto the blockchain.
Whether institutions or projects, before issuing tokens, they can know whether their assets fall under SEC jurisdiction.
The rules are there, clear and unambiguous; no need to gamble anymore.
Atkins specifically said that this is not giving the crypto industry a green light, but that the market should have unified and transparent rules.
But this statement in itself means that the SEC has completely changed its approach.
Before, they shot first and drew the target later; now, the target is set first, and everyone shoots at it.
The market generally considers this a long-term major positive.
After the rules are implemented, trillions of traditional assets will gradually move onto the chain, and massive incremental funds will flow in.
The market is also recovering; BTC briefly hit above 62,000 and is currently at 61,387. ETH has been much stronger than BTC recently, currently at 1,702. SOL is at 81.
In the long term, the fog of regulation is slowly dissipating, and the industry ceiling is higher.
But in the short term, the market will still be driven by the Fed's interest rates. No need to rush to chase highs; it's safer to wait for a pullback before entering.
#btc
BTC0.89%
ETH4.42%
SOL0.09%
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