Berenstein: SEC's Project Crypto Could Revitalize American Innovation, Making the U.S. a Global Blockchain Financial Center
BlockBeats News, August 4th, Research brokerage firm Bernstein analyst pointed out that the US SEC's latest launch of Project Crypto marks the "boldest and most transformative crypto vision proposed during the SEC Chairman's term," which may revitalize American innovation and turn the country into a global blockchain financial center.
The Bernstein analyst team believes that the SEC's dismissal of the Coinbase lawsuit signifies that the regulatory model is shifting from "rigidity in the analog era" to "pragmatism in the digital era." Paul Atkins emphasized that the US regulatory framework should not cling to old paradigms that hinder innovation. "The future is coming at full speed—the world will not wait. The United States must not only keep up with the digital asset revolution but also lead this transformation," he said in his speech.
The Bernstein analysts pointed out that the plan will attract previously exiled crypto companies back to the US by loosening outdated regulations. In contrast to former Chairman Gensler's position, Paul Atkins believes that most crypto assets do not fall under the securities category, and the ambiguity of the Howey Test has hindered the formation of US capital. The SEC plans to introduce new rules to clearly classify crypto assets into categories such as digital commodities, stablecoins, and digital collectibles.
The report particularly emphasizes that the new rules will support the issuance of tokenized securities under US jurisdiction, with Wall Street giants and tech companies showing strong interest, effectively reducing companies' overseas circumvention operations. In addition, the SEC will allow broker-dealers to conduct comprehensive crypto and traditional financial business with a single license, eliminating complex state-level and federal dual approval barriers. This shift from "ATS regulation" to "super app regulation" can achieve platform integration of trading, staking, lending, and stablecoin services.
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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