Good Morning,
SEC Chair Paul Atkins Backs Tokenized Future, Signals Break from Gensler-Era Crypto Crackdown
SEC Shifts Toward Innovation: Tokenization, Stablecoins, and Digital Asset Reform
The U.S. Securities and Exchange Commission (SEC), under Chair Paul Atkins, is embracing a major strategic pivot—moving from regulatory enforcement to innovation—as digital assets and tokenized finance redefine global markets.
Atkins’ vision includes a proposed “innovation exemption” designed to promote tokenized securities, ease trading restrictions, and accelerate blockchain adoption. This shift comes as Congress passes the GENIUS Act, creating a federal framework for stablecoins and confirming crypto’s place in the U.S. financial future.
Tokenization Gains Momentum as SEC Launches Innovation Exemption
Atkins is leading the SEC to encourage tokenization by reducing regulatory burdens. The innovation exemption would:
- Enable early-stage digital platforms to operate with limited regulatory relief
- Encourage on-chain asset movement while maintaining investor protections
- Support a future where, as Atkins puts it, “if something can be tokenized, it will be.”
This marks a clear departure from the Gensler-era enforcement-first approach, aiming instead to create a flexible regulatory path for blockchain-native financial infrastructure.
Stablecoins Enter the Regulatory Mainstream Under the GENIUS Act
The newly passed GENIUS Act—“Guiding and Establishing National Innovation for US Stablecoins”—is set to transform stablecoin regulation by:
- Requiring issuers to back tokens with short-term U.S. Treasuries or similarly liquid assets
- Clarifying that stablecoins fall under banking authorities, not securities law
- Setting a timeline for implementation within 18 months of President Trump’s expected signature
Analysts project that with legal certainty, the stablecoin market could grow to $3.7 trillion by 2030. The SEC has expressed support, even while remaining focused on ensuring risk mitigation and consumer safeguards.
Post-Gensler SEC Strategy: Regulation Without Roadblocks
Atkins is also poised to revise or reverse several crypto-hostile rules from his predecessor, Gary Gensler. His new strategy includes:
- Reevaluating digital asset custody rules for brokers
- Reclassifying crypto products to better fit emerging structures
- Fostering innovation without sacrificing accountability
This approach aligns with congressional momentum and global market demands. By embracing tokenization, decentralization, and digital frameworks, the SEC hopes to reclaim leadership in financial innovation.
America’s Digital Finance Outlook: A Global Leadership Bid
With legislation, agency reform, and private sector demand all converging, Atkins’ SEC is positioning the U.S. as a global hub for tokenized and decentralized finance. The strategy prioritizes:
- Transparency and market integrity
- Adaptable regulations for blockchain-native assets
- A collaborative approach to balance innovation with investor protection
As the U.S. builds its next-gen financial infrastructure, this could be the beginning of a new era—one where tokenized assets, digital currencies, and smart contracts underpin the financial system.
@ Newshounds News™
Source: CoinCentral
~~~~~~~~~
Ripple CEO Hails GENIUS Act as Historic Fintech Milestone—XRP Positioned for Breakout
GENIUS Act Ushers in New Era for Stablecoins, Institutional Crypto, and Ripple’s Regulatory Standing
Ripple CEO Brad Garlinghouse is calling the GENIUS Act a “truly historic moment” for U.S. fintech and the digital asset industry. With its recent passage in the U.S. Senate, the legislation sets the first comprehensive federal framework for stablecoin regulation—and it may be the clearest signal yet that XRP and Ripple are entering a new phase of legitimacy and growth.
What the GENIUS Act Does
The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act—championed by bipartisan lawmakers including Senators Gillibrand, Lummis, Scott, and Hagerty—lays out key regulatory provisions for all U.S. dollar-backed stablecoin issuers:
- 1:1 Reserve Backing using U.S. dollars or short-term Treasuries
- Monthly Transparency Reports and Annual Audits
- Stablecoin issuance restricted to regulated financial institutions only
According to Garlinghouse, “For years, crypto companies have asked for clear rules. This is a major step.”
Ripple’s RLUSD Stablecoin Already Fully Compliant
Ripple’s stablecoin, RLUSD, which launched in 2024 and now holds a $470 million market cap, already satisfies all GENIUS Act criteria. Ripple has:
- Over 50 state-level money licenses
- Ongoing partnerships with major financial institutions like BNY Mellon
- Applied for a national bank charter and a Federal Reserve master account, allowing it to hold reserves directly with the Fed
Ripple’s aggressive positioning highlights a strategy to become a central player in compliant stablecoin issuance and cross-border payments.
XRP Set to Benefit as Institutions Re-Evaluate Settlement Options
With over 300 partnerships worldwide, including Mastercard and Standard Chartered, Ripple’s infrastructure is increasingly viewed as institutional-grade. Analysts believe that the XRP Ledger (XRPL) and XRP token will become preferred tools for:
- Cross-border settlements
- Transaction fees within RippleNet
- Acting as liquidity rails for tokenized asset flows
The GENIUS Act removes previous ambiguity about XRP’s role, likely attracting institutional adoption as clarity takes hold.
XRP Market Surge and Outlook: $4–$7 Target in 2025
The market is already responding. As of today, XRP is trading at $3.56, reflecting a 13.43% increase in the past 24 hours and 39.01% over the past week.
Analysts say that if the GENIUS Act passes the House and is signed into law, XRP could see a significant boost in both investor confidence and use-case demand. Many now predict a price range of $4 to $7 by year’s end, especially with the potential approval of XRP-based ETFs.
Ripple’s Regulatory Ascent: From Lawsuits to Leadership
Once embattled by regulatory uncertainty, Ripple now finds itself at the center of a regulated, institutional-grade digital economy. The GENIUS Act could mark the turning point—not just for stablecoins, but for Ripple’s broader mission of modernizing global finance.
@ Newshounds News™
Source: Crypto News Flash
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound’s News Telegram Room Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
, under Chair Paul A...){kind=link}