Project Crypto: SEC Pushes Simpler Rules for Digital Assets
Main Idea
The US Securities and Exchange Commission (SEC) has introduced 'Project Crypto', a plan to update digital asset regulations, aiming to simplify licensing for crypto-related businesses and provide more time before full rules apply.
Key Points
1. The SEC announced 'Project Crypto', a plan to update digital asset regulations in the US, introduced by SEC Chair Paul Commodity Futures Trading Commission (CFTC).
2. The plan aims to simplify the licensing process for crypto-related businesses and provide more time before full rules apply, benefiting early-stage tokens and startups.
3. Thailand's SEC recently sought public input on potential rule changes for crypto token sales, indicating global regulatory adjustments in the crypto space.
Description
The US Securities and Exchange Commission (SEC) has introduced a plan aimed at updating how digital assets are regulated in the country .
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