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The speech of the new SEC chairman marks a historic turning point in encryption regulation.
From weaponizing law enforcement to the "encryption plan", the United States is repositioning itself as the global capital of encryption. Key changes include: clarifying that the vast majority of tokens are not securities, supporting on-chain financing, and allowing innovation in super application platforms.
This is not only a policy shift, but also a liberation for innovators. When regulation transforms from an obstacle to a support, we will witness the golden age of financial innovation erupting on American soil.
#Crypto SEC #DeFi Web3