According to recent statements by SEC Chair Gary Gensler, the U.S. Securities and Exchange Commission is working on new initiatives aimed at simplifying the regulation of digital assets.
SEC Updates on Crypto Assets
The SEC is actively promoting three key areas to legitimize digital assets. These include defining tokens as securities, standardizing custody mechanisms, and establishing transparent disclosure requirements for issuers.
Achievements of Avalanche and Pi Network
The Avalanche platform reached a record number of transactions, totaling 10.8 million per day, and 950,000 active addresses, reflecting increasing interest in its ecosystem. Meanwhile, the Pi Network's token ($PI) has begun showing signs of recovery after hitting an all-time low.
Project Outlook in the Market
Crypto investors are paying close attention to stable and transparent projects. Qubetics, for example, is developing a multifunctional wallet and engaging in investment activities that may define its success in a changing regulatory landscape.
The upcoming changes in the regulation of digital assets could significantly impact how cryptocurrencies are serviced and exchanged in the future. Projects like Avalanche, Pi Network, and Qubetics continue to evolve amid these innovations.
