Why crypto projects are not interested in registering themselves with the #SEC.

#Cryptocurrency projects often avoid registering with the SEC due to several reasons. The registration process requires transparency in financial information and restricts trading to accredited i#nvestors , limiting access for the general public. One case study is the Stacks project, which initially registered as a security in 2019 but later decided to unregister in 2021 as their #decentralization progressed. This decision allowed them to avoid the limitations imposed by security registration. The lack of significant exchanges listing securities further discourages cryptocurrency initiatives from pursuing registration, as it hampers market #liquidity and accessibility for US citizens.