Best Crypto to Buy Now as SEC Chair Proposes Temporary Relief for Crypto Industry

In what may be one of the more realistic takes on the current state of the US crypto industry, Securities and Exchange Commission Chair Mark Uyeda has stated that the sector needs a “time-limited, conditional exemptive relief framework” — a move that could help reignite innovation in blockchain technology.

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The comments were made during the SEC’s Crypto Task Force Roundtable, held on April 11. Uyeda’s remarks underscore the fragile yet evolving state of the cryptocurrency economy. While the tone surrounding digital assets has recently shifted to a more optimistic outlook, there remains a pressing need for interim solutions before permanent regulatory frameworks can be established.

News like this could prove to be a decisive factor in determining which projects stand out as the best crypto to buy now.

State-Level Regulation of Crypto Trading Could Lead to a Patchwork of Licensing Regimes – Uyeda

Mark Uyeda’s speech, transcribed on the official SEC website, sheds light on the direction US crypto regulations could take in the coming days.

Addressing the roundtable, Uyeda began by stating that state-level regulation of crypto trading could lead to a “patchwork” of licensing regimes — creating confusion and regulatory dissonance. He emphasized the need for more efficient and unified regulatory approaches.

He highlighted the issue of industry participants wanting to offer trading of both tokenized securities and non-security crypto assets under a single SEC license, and the difficulties posed by current federal securities laws. These regulatory challenges have resulted in a situation where participants must navigate 50 different licenses instead of a single, comprehensive SEC license.

“Crypto asset trading platforms also face challenges,” said Uyeda, “especially when they offer trading in tokenized securities.”

While he acknowledged the potential of blockchain technology to execute and clear securities transactions, he also admitted that the drafters of federal securities law could not have foreseen the use of blockchains or smart contracts to perform functions typically assigned to transfer agents.

Uyeda then urged industry participants to collaborate with regulatory bodies to explore the kind of exemptive relief that could be implemented in the short term to bypass current licensing complications.

This is positive news for the cryptocurrency community. Mark Uyeda’s direct call for collaboration sets the tone for a more progressive and adaptive regulatory environment that could emerge around crypto.

Which is the Best Crypto to Buy Now?

The SEC’s recent roundtable has instilled some confidence that progressive regulations could soon emerge. Under those circumstances, the following could be considered some of the best cryptos to buy now.

BTC Bull

With hopes that cryptocurrency regulations will become more favorable following Mark Uyeda’s recent comments, the community’s attention is once again on the market. Bitcoin bulls may feel empowered. Unfortunately, most Bitcoin believers may not be able to afford the asset — and that’s where BTC Bull becomes an attractive option for investors.

BTC Bull is a meme coin project and social movement designed to empower meme coin investors to ride the wave of Bitcoin’s growth. Not only does the project feature a bull as its mascot, but it has also introduced tokenomics built around burning tokens and airdropping Bitcoin whenever BTC reaches a particular milestone.

This milestone-based approach could be seen as a double-edged sword. On one hand, BTC Bull lacks an identity of its own and depends entirely on Bitcoin for its momentum. On the other hand, that very dependency makes it a potentially suitable short-term investment. And if a strong community forms around the project, it could evolve into a viable long-term asset as well.

Given the project’s unique structure, many crypto YouTubers — including Crypto Boy — have argued that BTC Bull could behave similarly to Bitcoin, as it remains closely tied to the world’s largest cryptocurrency.

SUBBD

Progressive regulations could give utility tokens more room to breathe — and when that utility targets a market already worth over $85 billion, these tokens could become smart picks for investors.

SUBBD is a content creation platform built on a decentralized domain, offering a Web3 ecosystem that, according to its official website, aims to redefine fan-creator relationships while providing meaningful perks to both users and creators.

The whitepaper presents SUBBD as a solution to the long-standing issues plaguing the centralized content ecosystem. Creators will gain access to AI-driven tools designed to automate administrative tasks, allowing them to focus on what truly matters — content creation.

This introduces a fresh way to engage with the “Create to Earn” economy and could lead to the rise of AI influencers within the Web3 space.

For fans, investing in the SUBBD token offers staking benefits, exclusive perks, and gamified rewards — including more personalized and meaningful interactions with creators. Over $140,000 has already been raised by this ICO, and interest from investors continues to grow.

MIND of Pepe

MIND of Pepe is a new meme coin project that flaunts its AI agent attributes with style. Blending the AI agent narrative with meme coin appeal, MIND of Pepe could be an ideal pick for those looking to benefit from market recovery once progressive regulations begin to take shape.

While the AI agent narrative is currently subdued, there’s hope that it could make a strong comeback — especially as the market begins to show signs of recovery. MIND of Pepe may be well-positioned to capitalize on this trend, thanks to its focus on four core features: token deployment, market analysis, trading alpha calls, and AI agent functionality.

Riding trending narratives has become a norm in the meme coin space. At first, MIND of Pepe appeared to be just another project following that trend. However, it has since proven otherwise — raising upwards of $7.7 million during its presale and showcasing early insights into its AI agent development on X.

These developments suggest that once the AI agent goes live, users will have something truly unique at their fingertips. And if the model becomes more refined — with trading alpha calls that prove accurate — MIND of Pepe could evolve into a profitable long-term crypto investment as well.

Final Words

The recent SEC Crypto Task Force Roundtable has signaled to the community that crypto regulations may be moving in a more positive direction. The direct invitation of industry participants to help determine the “exemptive” measures that could be implemented is a strong indication of the SEC’s willingness to work alongside the industry in shaping new laws.

While the long-term outcomes of these efforts remain to be seen, they offer renewed hope that unique, low-cap altcoins could gain traction in the near future. The best crypto to buy now may very well be found among the presale projects highlighted in this article.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Nikolay

Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token. His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.