SEC Chief: The Time of Cryptocurrency Has Come.

[zasad@]

https://beincrypto.com/sec-atkins-speech-oecd-project-crypto-bullish/
“Crypto’s Time Has Come,” Claims SEC Chair in Keynote Address


"SEC Chair Paul Atkins declared that crypto’s time has come, outlining bold pro-industry policy changes at the OECD Roundtable.
He pledged clarity on token classifications, on-chain capital raising, and integrated super app trading platforms.
Atkins emphasized limiting enforcement, fostering innovation, and building international regulatory partnerships for crypto growth."

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What will be the rhetoric when the new president fires Paul Atkins?

[_act_]

"SEC Chair Paul Atkins declared that crypto’s time has come, outlining bold pro-industry policy changes at the OECD Roundtable.
He pledged clarity on token classifications, on-chain capital raising, and integrated super app trading platforms.
Atkins emphasized limiting enforcement, fostering innovation, and building international regulatory partnerships for crypto growth."

I read something like this on the news yesterday, but the news make on-chain capital raising as the headline or so, that something like that is legal. I think it means ICOs are legal? If so, the scam if pump and dump there will really continue. Although if they do not make it legal, that will not stop developers from doing it.

What will be the rhetoric when the new president fires Paul Atkins?

Is he having issue with Trump? I think he is doing what Trump wants. You can see many coins and tokens launched already which is launched by Trump or in connection to Trump. Examples are Trump, Melania, USS1 and WLFI.

[zasad@]

Is he having issue with Trump? I think he is doing what Trump wants. You can see many coins and tokens launched already which is launched by Trump or in connection to Trump. Examples are Trump, Melania, USS1 and WLFI.

I meant the next president after Trump. Trump cannot be elected for a third term according to the US constitution. And presidents have a tradition of firing old SEC heads.

If the new president is an opponent of Trump, then these projects will be checked first.

[Z-tight]

What will be the rhetoric when the new president fires Paul Atkins?

That would depend on who the next president is. It is still a long way away. The democrats have proved to be anti-crypto, so if they take back power, then some crypto laws would change and we could return to something as similar as the biden-era. However, if the republicans remain in power, and whoever is president undestands the importance of BTC, then things may not change.

Atkins emphasized limiting enforcement, fostering innovation, and building international regulatory partnerships for crypto growth."

This is good, but it has to be handled in the right way. Too much freedom and reduction in enforcement can also lead to increase in scam coins and services, so that's that.

[zasad@]

What will be the rhetoric when the new president fires Paul Atkins?

That would depend on who the next president is. It is still a long way away. The democrats have proved to be anti-crypto, so if they take back power, then some crypto laws would change and we could return to something as similar as the biden-era. However, if the republicans remain in power, and whoever is president undestands the importance of BTC, then things may not change.

Atkins emphasized limiting enforcement, fostering innovation, and building international regulatory partnerships for crypto growth."

This is good, but it has to be handled in the right way. Too much freedom and reduction in enforcement can also lead to increase in scam coins and services, so that's that.

Every president has a dilemma, if large US financial companies like Blackrock and large banks integrate cryptocurrency services, what will happen to the president who bans it?
Trump's cryptocurrency laws are not as liberal as journalists describe to us.
Fraud plays into the hands of financial companies. Banks say that fraudsters can steal your coins, so you can put your crypto in our bank and your coins will be safe... only they will not be yours anymore.