Amid recent controversies and proceedings, the U.S. Securities and Exchange Commission (SEC), headed by Paul Atkins, has begun active work to create a new framework for work. Instead of the usual role of strict controller, the regulator unexpectedly acts as a key player in the process of adapting the American market to digital technologies.

The American Securities and Exchange Commission (SEC) has officially launched an initiative called "Crypto". The head of the SEC, Paul Atkins, explained that this program is important so that American markets can legally use blockchain technologies.

The main goal of the Crypto project is to simplify the implementation of new technologies. The SEC aims to create a clear regulatory framework that allows companies to legally issue and exchange digital counterparts of traditional assets such as stocks and bonds directly on public blockchains. This removes obstacles to direct blockchain offerings, eliminating the need to use offshore schemes or complex workarounds. Attracting investments should become easier and correspond to modern realities.

Among other things, the issue of saving money and making transactions remains problematic. The current regulations do not take into account the potential of smart contracts and decentralized financial systems (DeFi). The Crypto initiative aims to review these provisions, removing far-fetched obstacles and recognizing technological solutions, such as blockchain storage, as a reliable alternative to traditional methods.

Perhaps the most important thing for those who create crypto projects is the promised certainty. For a long time, it was not clear whether to consider crypto assets as securities, and this created a huge problem. The Howie test, which caused endless disputes and lawsuits, will be replaced by clear rules. This should free many projects from the status of "suspicious" and make it possible to work safely without fear of lawsuits from regulatory authorities.

Why does America need all this? In addition, to support the development of innovation in the country, the Crypto project is also an attempt to maintain leadership in the world. The regulator explicitly says that it wants to stop the "leakage" of specialists, technology and money to other countries. By allowing ordinary assets to be converted into tokens and creating comfortable conditions for DeFi, the SEC expects that the American market will become attractive to the crypto industry.

Of course, it is not yet clear when all this will happen and what the details will be. Will the SEC, with its slow bureaucracy, be able to keep up with the rapid changes in blockchain technologies? How convenient will the new rules be? But the fact that the Crypto project has been launched is an important sign. This means that the regulator realized that it needed to change, and began working to integrate the digital future into the US financial system