SEC Launches ’Project Crypto’ to Position U.S. as Global Crypto Leader

The U.S. Securities and Exchange Commission (SEC) unveiled "Project Crypto," a sweeping initiative aimed at modernizing securities regulations to foster cryptocurrency innovation. Spearheaded by Commissioner Hester Peirce and backed by the revitalized Crypto Task Force, the program seeks to align regulatory frameworks with decentralized technologies while prioritizing investor protection and capital formation.

President Trump's ambition to establish America as the "crypto capital of the world" drives the initiative. The SEC acknowledges that current rules—designed for analog financial systems—are ill-suited for digital assets. Project crypto will implement recommendations from the President’s Working Group on Digital Asset Markets, focusing on legal clarity and commercial viability.

The announcement, made at the America First Policy Institute, outlines a roadmap for crypto market integration. Key priorities include on-chain software development and open market access, signaling a paradigm shift in regulatory approach.