{"id":40335,"date":"2025-08-04T13:31:52","date_gmt":"2025-08-04T13:31:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40335"},"modified":"2025-08-04T13:31:52","modified_gmt":"2025-08-04T13:31:52","slug":"sec-chief-paul-atkins-project-crypto-flying-under-radar-amid-market-selloff-bernstein","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40335","title":{"rendered":"SEC Chief Paul Atkin&#8217;s Project Crypto Flying Under Radar Amid Market Selloff: Bernstein"},"content":{"rendered":"<div>\n<p>As crypto markets plunged Friday, a potentially historic regulatory shift flew under the radar, Wall Street broker Bernstein said in a research report Monday.<\/p>\n<p>In a speech that Bernstein analysts called \u201cthe boldest and most transformative crypto vision ever laid out by a sitting SEC chair,\u201d U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins unveiled &#8216;Project Crypto&#8217;, a <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/07\/31\/u-s-sec-chairman-atkins-says-agency-pursuing-project-crypto-to-elevate-industry\">sweeping initiative<\/a> to modernize the country\u2019s outdated securities rules for the digital age.<\/p>\n<p>The initiative aims to overhaul U.S. securities laws to accommodate digital assets, continuing a broader push to make the U.S. a global hub for crypto innovation.<\/p>\n<p>Central to the plan is \u201creshoring\u201d, Bernstein noted, bringing crypto businesses back to the U.S. after years of regulatory uncertainty pushed them offshore. <\/p>\n<p>The Commission intends to use its interpretative and exemptive powers to modernize outdated rules, ensuring they don\u2019t stifle entrepreneurship or competition, the report said.<\/p>\n<p>In a sharp reversal from past SEC messaging, Atkins said most crypto assets are not securities. <\/p>\n<p>He blamed confusion around the Howey Test for stalling capital formation and pledged to introduce clearer standards for categorizing digital assets, including commodities, stablecoins, collectibles, and security-like tokens with governance and distribution rights.<\/p>\n<p>Bernstein said the plan also lays the groundwork for domestic tokenization of traditional assets like stocks and bonds.<\/p>\n<p>With Wall Street giants and tech unicorns already lined up, the SEC wants to build the world\u2019s largest tokenized securities market, on American soil, the report added.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/07\/16\/crypto-is-going-mainstream-and-you-cant-put-the-genie-back-in-the-bottle-bitwise-says\">Crypto Is Going Mainstream and &#8216;You Can&#8217;t Put the Genie Back in the Bottle,&#8217; <\/a><\/em><a href=\"https:\/\/www.coindesk.com\/markets\/2025\/07\/16\/crypto-is-going-mainstream-and-you-cant-put-the-genie-back-in-the-bottle-bitwise-says\">Bitwise<em> Says<\/em><\/a><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As crypto markets plunged Friday, a potentially historic regulatory shift flew under the radar, Wall Street broker Bernstein said in a research report Monday. In a speech that Bernstein analysts called \u201cthe boldest and most transformative crypto vision ever laid out by a sitting SEC chair,\u201d U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-40335","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40335"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40335\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}