SEC crypto initiative aims to bridge traditional and modern financial systems

According to a report by Jinse Finance, the U.S. Securities and Exchange Commission (SEC) has recently released an important report aiming to integrate traditional finance with digital finance. The plan centers on four core themes: establishing a regulatory framework for digital assets, integrating traditional and digital brokerage and custody services, unifying regulatory standards for cryptocurrencies and trading venues, and streamlining registration and licensing processes. The current announcement outlines only the policy direction rather than final rules, and further public discussion will be required to ensure effective implementation.