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In a bold address to the Crypto Task Force Roundtable in Washington D.C., SEC Chairman Paul S. Atkins emphasized the deep alignment between decentralized finance (DeFi) and core American values. Speaking at the Crypto Task Force Roundtable, he argued that economic liberty, private property rights, and a culture of innovation are embedded in the very structure of blockchain technology. Atkins called for a regulatory approach that fosters growth rather than restricts it, underscoring a fundamental shift in how the nation’s top securities regulator may approach the rapidly evolving world of digital assets in the coming years. The Chairman tackled the core challenge of applying traditional securities laws to decentralized networks head-on. Acknowledging that these networks operate without central administrators through self-executing code, he noted that they challenge the existing regulatory model, which is focused on identifiable issuers and intermediaries. To address this, Atkins called for a formal reassessment of the Commission’s framework. He specifically encouraged the adoption of concrete rules to clarify that individual participation in a network, such as acting as a validator or miner, does not automatically constitute a securities activity. He stressed that while recent staff statements have provided this clarification, only formal rulemaking can provide the legal certainty needed to protect innovation. Related: The SEC Reconstitutes the NCIUS, May Soon Approve Multiple ETFs Significantly, Atkins introduced the concept of an “innovation exemption,” a conditional regulatory safe harbor designed to allow compliant developers and entrepreneurs to launch on-chain products more easily. He argued this would eliminate unnecessary transaction costs and unlock new financial tools, helping to push the United States toward becoming the global hub for crypto development, a vision previously articulated by President Trump. Additionally, Atkins mounted a strong defense of self-custody rights, stating that owning crypto assets directly in a digital wallet is a modern extension of the American right to private property. He warned that regulations should not criminalize the software developers who create the tools for self-custody and decentralized trading. Related: SEC to Host June 9 Roundtable on DeFi Regulation in Washington In his closing remarks, Atkins urged the Commission to embrace the future rather than cling to outdated models, noting that centralized finance platforms have repeatedly failed during market stress while DeFi systems have proven resilient and efficient. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Fintech leader Ripple is doubling down on its commitment to the Asia-Pacific region, injecting a fresh $5 million into its prestigious University Blockchain Research Initiative (UBRI) to fund the next generation of developers and researchers. The move expands Ripple’s deep academic partnerships into Taiwan and Australia, along with renewing its support for top universities in the established tech hubs of South Korea, Japan, and Singapore. According to reports, this latest funding round is part of Ripple’s massive 1 billion XRP commitment to global blockchain innovation. Eric van Miltenburg, Senior Vice President of Strategic Initiatives at Ripple, acknowledged the APAC region’s status as a fintech and blockchain innovation hub. According to Miltenburg, Ripple has been proud to invest in the region’s academic talent from the very beginning. Related: Ripple Taps Four Universities in Europe For Its UBRI Program For over seven years, Ripple has recognized academic research as the core engine behind blockchain’s biggest breakthroughs. The UBRI program is designed to invest in this future by supporting academic research, student-led initiatives, and the development of blockchain-focused curricula, often centered on the XRP Ledger (XRPL). The firm’s next step is to deepen that commitment in Asia-Pacific with new UBRI partnerships, including the first in Taiwan and a global network now spanning over 60 universities. The new grants build upon a multi-million dollar foundation of success in the region. South Korea is one of the program’s top beneficiaries, with Ripple committing over $1.1 million in the last six years to Korea University. The UBRI program in South Korea focuses on blockchain scalability, privacy, and cryptographic security. The partnership builds on Ripple’s existing collaboration with Yonsei University. Related: Ripple Partners with BDACS to Expand Institutional Crypto Custody in South Korea Japan also ranks among the top beneficiaries, with Kyoto University and the University of Tokyo receiving grants worth over $1.5 million from Ripple to support research in decentralized finance and blockchain interoperability. Meanwhile, Singapore has also benefited from the UBRI program, with Ripple issuing academic grants to Nanyang Technological University (NTU) and supporting the National University of Singapore (NUS). Ripple’s UBRI program funding in Singapore has surpassed $3 million. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

RT @namsan329: XZUKI, the hub for @Azuki creators, is leveling up We will be hosting reoccurring calls with the Azuki team! Once a week o…

@neutron_org @terra_money @phoenix_dir @injective @NeutronArmada @Injective_Hub 2/ ✦ What are bribes? Bribes provide an additional method to incentivise users to provide liquidity to a specific pool by rewarding vxASTRO voters to increase that pool's $ASTRO emissions. Learn more: