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Project Open Goes Head-to-Head with SEC in High-Stakes Crypto Showdown

Project Open Goes Head-to-Head with SEC in High-Stakes Crypto Showdown

Blockworks
Author:
Blockworks
Release Time:
2025-05-02 20:01:49
0

Project Open makes its case to the SEC

Another day, another blockchain project begging regulators for mercy—only this time, they’re bringing receipts.

The pitch: How Project Open plans to dodge the SEC’s hammer

No vague promises here. The team’s laying out compliance blueprints, tokenomics tweaks, and enough legal jargon to make a Wall Street lawyer blush. Will it work? That depends on whether the SEC’s coffee was strong enough that morning.

Meanwhile, TradFi banks watch from the sidelines—still trying to figure out how to charge $25 for a ‘blockchain integration fee.’

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