Yesterday, Securities and Exchange Commission (SEC) Chairman Paul Atkins announced ‘Project Crypto’ – a bold new initiative he describes as ‘the SEC’s north star in aiding President Trump in his historic efforts to make America the crypto capital of the world.’
It’s meant to update outdated securities laws to favor blockchain innovation.
These lawsuits, however, arose under former SEC Chair Gary Gensler. An aggressive enforcement-first approach in the absence of clear crypto rules characterized his tenure.
‘Crypto President’ Donald Trump was quick to replace him to promote a more supportive US crypto market under new SEC leadership. And that’s exactly what’s happening now.
Beyond establishing clear categories for securities, stablecoins, and collectibles, another benefit mentioned in the Project Crypto speech includes enabling ‘super apps’ to combine trading, custody, and staking under a single license.
Each of these documents signify a turning point for crypto projects, as they should soon be able to operate in a transparent, well-regulated environment that fosters growth.
But it’s not just the newest cryptos that it supports. You can buy, sell, and manage over 1,000 digital assets directly on the mobile app, including meme coins like $SHIB and $DOGE and major currencies like $BTC and $ETH. And what better time to start investing in such coins than now?
It supports major chains like Bitcoin, Ethereum, Binance Smart Chain, and Polygon. Soon, however, it will support over 60 networks, allowing you to explore more cross-chain opportunities.
And it doesn’t stop there. The project’s roadmap has many exciting new features, from Best Card (its own crypto debit card) to an NFT gallery and market intelligence analytics.
And its debut possibly couldn’t arrive at a better time. As the crypto market heats up with pro-crypto regulations, it’s time to find more effective ways to profit from the surge.
Snorter Bot allows you to do exactly that. It provides automated sniping, limit orders, copy trading, and quick swaps through its sleek interface.
With multi-chain support and ultra-low fees (the lowest on Solana at just 0.85%), it’s built to give you an edge in the often volatile market.
You can also relax knowing that security is a top priority. It’s designed with MEV protection and includes scam-detection tools that flag and block honeypots and rug pulls to avoid common and costly mistakes.
Within the Snorter Bot ecosystem, $SNORT grants access to premium features, advanced analytics, DAO voting rights, and staking rewards at a 161% APY (at the time of writing).
$LYX is the native token of LUKSO, a cutting-edge blockchain built for the ‘new digital lifestyle.’ Created by Fabian Vogelsteller (the former Ethereum developer behind ERC20, ERC725, and web3.js), it aims to bridge industries like fashion, gaming, social media, and design.
Its ultimate aim is for these sectors to fully embrace blockchain tech. It does this by providing them with the necessary tools to build decentralized identities, manage digital assets, and foster tokenized communities.
Like $ETH on Ethereum, $LYX is used to pay gas fees on the LUKSO network. Anytime you interact with smart contracts on the platform or update your profile, you pay in $LYX.
From the SEC’s unveiling of Project Crypto, Trump’s Working Group on Digital Assets releasing the crypto report, and Coinbase’s upcoming launch, one thing’s clear: the US is determined to lead DeFi to new heights.
This makes them hot picks right now with high profit potential. However, this isn’t investment advice. Always do your own research and never invest more than you’re willing to lose.