Крипторынок недооценивает позитивные изменения в SEC: мнение Bitwise

cryptonews.ru2025-08-12 tarihinde yayınlandı2025-08-12 tarihinde güncellendi

По словам Мэтта Хоугана, директора по инвестициям Bitwise, криптоинвесторы пока не осознали всей значимости смены регуляторного курса Комиссии по ценным бумагам и биржам США (SEC). Это открывает дополнительный потенциал для роста цен на цифровые активы.

Речь Аткинса как сигнал перемен
31 июля председатель SEC Пол Аткинс выступил в Институте политики «Америка прежде всего» с речью о будущем блокчейна в финансовой системе. Хоуган признался, что этот доклад застал его врасплох и заставил пересмотреть рыночные перспективы:

«Самый оптимистичный документ о криптовалютах, который я читал, принадлежит не анонимному твиттер-аналитику, а главе SEC. Трудно представить, чтобы после такого выступления кто-то не задумался о значительном увеличении доли криптоактивов в портфеле или карьерном фокусе».

Источник: Мэтт Хоуган

Регуляторный поворот
Крипторынки продемонстрировали заметный рост после прихода администрации Трампа, пообещавшей реформу SEC. Отставка Гэри Генслера 20 января и назначение Аткинса 21 апреля ускорили позитивные изменения:

  • Прекращение затяжных судебных процессов против криптокомпаний

  • Запуск инициативы Crypto по созданию прозрачных правил

Однако, как отмечает Хоуган, рынок до сих пор не полностью оценил последствия этих изменений:

«Мне пришлось пересмотреть собственные прогнозы — если даже я недооценил ситуацию, вероятно, это касается и других».

Ключевые тезисы Аткинса
В своём выступлении председатель SEC обозначил приоритеты:

  1. Развитие ончейн-рынков
    Регулятор намерен минимизировать бюрократические барьеры для интеграции блокчейна в традиционные финансы. Хоуган сравнил речь с «концентратом лучших идей криптосообщества за десятилетие, дополненных конкретным планом реализации».

  2. Токенизация активов
    Аткинс прогнозирует переход акций, облигаций и даже долларов в публичные блокчейны. По мнению Хоугана, это неизбежно повысит спрос на инфраструктурные решения.

  3. Перспектива супераппов
    Упоминание таких платформ, как Coinbase и Robinhood, как потенциальных лидеров финансовых услуг с капитализацией свыше $1 трлн.

  4. Будущее DeFi
    Несмотря на текущую регуляторную неопределённость, Аткинс назвал децентрализованные финансы важным элементом будущей системы. Хоуган допускает многократный рост сектора при четких правилах игры.

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