The US is making a big push to become the global leader in cryptocurrency, and this could be huge for certain crypto projects. Recent announcements suggest a major shift in how the US regulates digital assets.
A New Era for US Crypto Regulation
SEC Chairman Paul Atkins launched “Project Crypto,” aiming to modernize US financial regulations and make the country a crypto haven. This follows a report from President Trump’s Working Group on Digital Assets, which also advocates for clear rules and supportive regulation of crypto. This is a major change from the previous administration’s more aggressive approach to enforcement. The new focus is on creating clear rules, not just cracking down on existing projects. This clarity is a game-changer for the industry.
This new regulatory environment could benefit several crypto projects. One example is Coinbase’s upcoming “Everything Exchange,” which plans to offer a wide range of crypto and tokenized assets.
Three Cryptocurrencies to Watch
With the US embracing crypto, now might be a good time to look at some promising projects. Remember, this isn’t financial advice; always do your own research.
Best Wallet Token ($BEST)
$BEST powers the Best Wallet app, a non-custodial wallet offering access to crypto presales and over 1,000 digital assets. It’s also planning new features like a debit card and NFT gallery. The token offers lower gas fees, governance rights, and staking rewards. Currently available on presale.
Snorter Token ($SNORT)
$SNORT is the token behind Snorter Bot, a Telegram trading app with automated trading features, low fees, and security measures. It’s already raised over $2.6 million in presale.
LUKSO ($LYX)
$LYX is the native token of the LUKSO blockchain, designed for the creator economy. It’s focused on fashion, gaming, and social media, and its price has already seen a significant jump since the Project Crypto announcement.
The Bottom Line
The US is betting big on crypto, and this could be a huge opportunity for innovative projects. $BEST, $SNORT, and $LYX are just a few examples of projects that could benefit from this shift. However, always remember to do your own research before investing in any cryptocurrency. High potential returns often come with high risk.