AMA on X

Whole two sentences: Yesterday evening, the market needle to the 3670 line did not break the previous high and fell rapidly, fell to two 3460 support rebounded, showing the strength of the bulls, the probability of falling below in the short term is not large, short-term support to see 3451-3403, the pressure above the four-hour level is obvious, the short-term long and short saw, the upper resistance 3632-3668 break to see 3718-3740 Spot: strax: 1.266, you can also choose to add the cash price in batches, wld：7.599 lina：0.0144 Lottery area ltc：90.92 cvc：0.196-0.167 matic：0.938 sol：172.5 ksm：45.51 xrp：0.586

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🚀 #Gateio ⬆️ Price Increase 1h $GENS ▴12% $EVADORE ▴11% $PSUB ▴10% $LAVASWAP ▴9% $BAG ▴9% ⬆️ Volume Surge 1h $CVC ▴165% $HERO ▴128% $ZZZ ▴77% $LAVASWAP ▴69% 👉

SEC Chairman Paul Atkins recently unveiled an ambitious regulatory plan aimed at transforming the trading environment for crypto assets and traditional securities. This regulatory framework, referred to as the 'super app', is a significant component of the 'crypto projects', with the goal of integrating the trading of traditional securities, tokenized securities, and non-security crypto assets into a unified licensing system. This innovative regulatory scheme will allow broker-dealers and alternative trading systems (ATS) to provide a full range of services without the need to cumbersome apply for multiple state licenses or several federal permits. This not only simplifies the market entry process but also significantly reduces regulatory costs and complexity. The SEC's move indicates that the regulatory body has keenly realized the trend of traditional financial assets and their infrastructure accelerating the migration to blockchain. By launching this new framework, the SEC hopes to adapt to and guide this transition while ensuring the integrity of the market and the interests of investors are fully protected. The proposal of this 'super app' concept may signify an important turning point in the regulation of encryption finance and traditional finance. It not only has the potential to improve market efficiency but may also stimulate more financial innovation. However, implementing such a comprehensive regulatory framework undoubtedly faces many challenges, including how to balance innovation with risk control and how to coordinate the division of responsibilities among different regulatory agencies. With the further refinement and potential implementation of this framework, we can expect to see further normalization and maturation of the encryption asset market, which may create conditions for broader institutional investor participation, promoting the healthy development of the entire industry.