SEC Shifts Focus to Small Crypto Startups with New Regulatory Initiative
The U.S. Securities and Exchange Commission is pivoting its crypto strategy with Project Crypto, a program spearheaded by Chair Paul Atkins to reshape digital asset regulation. The initiative prioritizes small-scale ventures—those with fewer than 10 employees and operating for less than two years—marking a departure from legacy institution-centric approaches.
Project Crypto aims to clarify persistent ambiguities around token classification, securities offerings, and DeFi's legal status. Custody solutions, registration pathways, and blockchain-based financial infrastructure migration are also on the agenda. "This is about rebuilding finance's engagement with innovation," Atkins stated, emphasizing the need for practical industry input to shape outcomes.
