The SEC encryption project aims to integrate the old and new financial systems

Golden Finance reported that the US Securities and Exchange Commission (SEC) recently released an important report attempting to integrate traditional finance with digital finance. The plan revolves around four core themes: establishing a regulatory framework for digital assets, integrating traditional and digital brokerage and custody businesses, unifying regulatory standards for cryptocurrencies and trading venues, and simplifying registration and licensing processes. The currently announced policy direction is not the final rule, and subsequent public discussions are needed to ensure effective implementation.