SEC’s ’Project Crypto’ Aims to Revolutionize US Capital Markets with Blockchain

The SEC just dropped a bombshell—Wall Street's paper-pushing dinosaurs might finally get a blockchain upgrade.

From red tape to distributed ledgers

Project Crypto could bulldoze decades of legacy systems, replacing settlement delays with smart contract efficiency. No more T+2—try T+2 seconds.

The irony isn't lost on anyone

The same regulators who sued half the crypto space now want to tokenize the NYSE. Talk about regulatory whiplash.

Will institutions actually play ball?

Banks love blockchain—as long as they control the nodes. Watch the 'permissioned vs. permissionless' battle reignite.

One thing's certain: the SEC just admitted decentralized tech works better than their filing cabinets. Maybe next they'll discover Ctrl+F.

What is the SEC’s Project Crypto?

“Project Crypto” is a Commission-wide overhaul of securities regulations to:

• Enable blockchain-based (on-chain) markets.
  
• Clarify legal rules for crypto asset issuance, trading, and custody.
  
• Stop driving innovation offshore.
  
• Replace outdated 20th-century rules with blockchain-native policies.
  

According to the statement, Atkins is mandating interpretive guidance, exemptions, and SAFE harbors in the short term. This will allow web3 innovation to continue while new rules are drafted.

Also, the SEC plans to allow, such as stocks, bonds, and partnership interests, to be issued and traded on public blockchains.

This will enable companies to raise capital directly through blockchain-based offerings. 

Most importantly, this includes initial coin offerings (ICOs), airdrops, and network rewards—without needing offshore entities or complex workarounds.

Custody rules will also be updated to support, removing barriers to using smart contracts and decentralized infrastructure.

The Commission will propose new rules allowing. 

To sum it up, the SEC is replacing it with clear guidance and written rules. This means no more “scarlet letter” for projects that issue crypto as securities. 

Overall, developers can now engage without fear of lawsuits for merely building. Clear tests will help determineor not, moving away from vague reliance on the.