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SEC Launches 'Project Crypto' to Position US as Global Crypto Hub

Originally Published 5 months ago — by Cointelegraph

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Source: Cointelegraph

XRP shows potential for a 20% surge in August amid a broader shift towards favorable US crypto regulations, with increased regulatory clarity and political support encouraging companies to relocate and expand in the US. Meanwhile, the crypto industry faces challenges like hacks and legal trials, but overall interest from CFOs and regulatory developments signal a growing institutional and governmental acceptance of digital assets.