SEC Chair Paul Atkins Unveils ‘Project Crypto’ to Modernize Capital Markets
SEC Chair Paul Atkins has launched 'Project Crypto,' a blockchain-driven initiative aimed at modernizing U.S. securities regulations. The move aligns with President Trump's agenda to establish the U.S. as a global crypto hub through clearer frameworks.
The announcement follows the release of the PWG Report by Trump's Working Group on Digital Asset Markets. Atkins has directed the SEC's policy divisions to collaborate with Commissioner Peirce's Crypto Task Force to expedite regulatory proposals.
'Project Crypto will reinforce America's position as the premier destination for business innovation and capital markets participation,' Atkins stated. The initiative specifically targets crypto projects that have migrated offshore due to regulatory uncertainty.
