The Blockchain Association Urges SEC for Progressive Crypto Rules

By: coincu news|2025/05/04 17:15:01
0
Share
copy
Blockchain Association seeks progressive regulation from the SEC under new chair Paul Atkins, aiming to improve U.S. competitiveness. The association emphasizes flexible policies to avoid stifling innovation. The appeal for flexible regulation aims to foster innovation and retain U.S. competitiveness in the blockchain sector. The Blockchain Association highlights potential benefits for U.S. crypto ventures. Blockchain Association Urges SEC to Modernize Crypto Policies Blockchain Association, a leading crypto advocacy group, formally requested changes from the SEC in a letter dated May 2, 2025. It calls for flexible regulations to replace stringent policies. The association’s CEO, Kristin Smith, advocates for modernization to prevent offshoring of U.S. businesses. Immediate implications emphasize innovation and highlight risks of strict rules to U.S. competitiveness. The Blockchain Association champions open dialogue between the industry and regulators to balance compliance and innovation. Market Data and Insights Did you know? During the last major regulatory shift in 2018, similar calls for modernization led to a temporary increase in U.S. crypto market participation before stricter enforcement renewed offshore relocations. CoinMarketCap reports Ethereum’s (ETH) price is $1,833.24 with a market cap of $221.33 billion. ETH shows a 0.27% rise over 24 hours but reflects a 28.29% decline over 90 days. Trading volume dropped 22.29% in the last 24 hours, highlighting potential market uncertainties. Experts from Coincu note potential for innovative breakthroughs if policy adjustments occur. Historical trends indicate modernized regulation could boost U.S. investment in blockchain technology, fostering a robust crypto ecosystem.

You may also like

Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns

From private credit to GPU leasing, from catastrophe bonds to music royalties, the range of tokenizable assets is much richer than the market perceives. However, the biggest challenge is not technology, but distribution—existing RWAs heavily rely on a few large deployers, and the concentration of ri...

Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy

AI is not eliminating people, but rather the superstition of "stable careers": those who break the shackles of organizations and understand how to rewrite themselves are ushering in the ultimate revenge.

Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis

With the popularity of local payment channels, the costs of traditional transfers have been significantly reduced, and the fees are now mainly concentrated in the domestic settlement phase, which is precisely what stablecoins cannot bypass.

Zuckerberg is building an AI agent to help him as CEO

Zuckerberg is reported to be personally developing a "CEO proxy" to accelerate information acquisition and reduce management layers.

Bloomberg: Swiss Private Bank Old Guard Rifts, Is Bitcoin the Spark?

For Marc Syz, this is both a bet on the digital asset track and a complete break from Switzerland's long-established private banking dynasty.

Zuckerberg is building an AI assistant to help him be CEO

Mark Zuckerberg has been reportedly personally developing a "CEO Proxy" to speed up information flow and reduce management layers.

Popular coins

Latest Crypto News

Read more