SEC Launches ‘Project Crypto’ to Modernize U.S. Crypto Regulation
The U.S. Securities and Exchange Commission has unveiled 'Project Crypto,' a landmark initiative aimed at overhauling the regulatory framework for digital assets. Chairman Paul Atkins signaled a strategic pivot toward innovation, emphasizing on-chain integration of financial markets and clearer token classification guidelines.
The move represents a significant policy shift, encouraging crypto businesses to operate onshore while developing new safeguards for token issuance and investor protection. Regulatory clarity on securities qualification is a key focus, potentially unlocking institutional participation.
Market infrastructure may see fundamental changes as the SEC explores blockchain-based settlement systems. 'This isn't about chasing innovation - it's about building the rails for the next generation of finance,' Atkins remarked during the announcement.