The SEC Wants to Supercharge Super-Apps. Here's What Investors Need to Know

Paul Atkins, chairman of the Securities and Exchange Commission (SEC), has unveiled a host of new initiatives under the umbrella of Project Crypto. He says he wants to modernize the SEC's rules and regulations to encourage innovation. One part of his vision is the development of so-called super-apps that let investors access a wide array of assets and financial services in one place -- or even many services beyond finance.Atkins thinks the previous SEC leadership was wrong to argue that almost all cryptocurrencies are securities. Under Project Crypto, he says, the SEC will issue clear guidelines on how to categorize crypto assets. That includes clarity on what is -- and is not -- a security. Moreover, he wants to find ways to bring tokenized securities to the U.S. This would mean U.S. investors could access tokenized public (and possibly private) equity.Tokenized assets would form part, but not all, of the super-app offer. Read on for more about what super-apps are and what investors need to know about them.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool