At an OECD conference, the need for entrepreneurs and investors to access onchain markets free from legal uncertainty was emphasized. This may signal a new phase in the relationship between regulators and the crypto industry.
A Shift Toward Clearer Crypto Markets
For years, startups and investors in the United States faced unclear rules regarding token sales and fundraising. Regulatory uncertainty often forced projects offshore or limited their growth. Atkins' remarks could mark a turning point by proposing integrated onchain platforms, where trading, lending, and staking could operate under a unified regulatory framework.
Regulatory Support for Innovation and Onchain Funding
Atkins' statements also bolster his Project Crypto initiative introduced in July, aimed at modernizing US market rules to welcome innovation. According to data, global crypto fundraising reached over $30 billion in 2024, indicating growing investor appetite for digital assets and blockchain-based capital formation.
Future of Regulation and Innovation Interaction
Atkins' statements signal a broader trend: regulators are starting to see the value of blockchain beyond speculation. In this context, the focus is shifting toward collaboration and clarity. By enabling onchain capital raising, the SEC is effectively laying the groundwork for a 'golden age' of financial innovation.
Overall, the SEC's new initiatives supporting onchain funding could transform the cryptocurrency market, creating a safer and more transparent environment for entrepreneurs and investors, thereby strengthening the position of the US in the world of crypto innovations.
