‘It’s a Generational Opportunity:’ SEC’s Crypto Pivot Could Supercharge Ethereum and DeFi
The US Securities and Exchange Commission (SEC) may be entering a new phase in its approach to digital assets.
This shift may have gone largely unnoticed by the market, according to Matt Hougan, Chief Investment Officer at Bitwise Asset Management.
Market Sleeping On SEC’s Pivot?
In a recent investor note, Hougan pointed to the speech delivered by SEC Chair Paul Atkins at the America First Policy Institute, titled “American Leadership in the Digital Finance Revolution.” Hougan described the document as “the most bullish government document I have read in my entire crypto career.”
The speech outlined a comprehensive agenda, which is referred to as “Project Crypto.” This, according to Hougan, includes a…