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Guavy AI Editorial TeamSentiment: 2.5Clout: 45

SEC Chair Calms Crypto Markets as Utility-Based Projects Emerge

The US Securities and Exchange Commission (SEC) has reaffirmed its commitment to regulating the crypto market in a way that balances innovation with investor protection. SEC Chair Paul Atkins spoke at ETHDenver, stating that regulators should not panic over short-term price fluctuations.

According to Reuters, Atkins emphasized that Project Crypto, a joint effort with the Commodity Futures Trading Commission (CFTC), aims to establish clear guidelines for token classifications and custody rules.

In contrast, Pepeto's utility-based infrastructure is gaining attention as a potential 100x to 300x investment opportunity. Unlike political tokens like Trump's coin, which rely on headlines, Pepeto's platform is designed to profit from every meme trend on every blockchain.

PepetoSwap, the zero-tax cross-chain swap feature, is nearing launch, along with the Pepeto Bridge for transfers between blockchains and the Pepeto Exchange, a meme coin listing hub. These tools are user-friendly, even for beginners without extensive knowledge of blockchain technology.