SEC Advances Comprehensive Crypto Regulatory Framework Under ’Project Crypto’
The U.S. Securities and Exchange Commission is accelerating its rulemaking efforts for digital assets, with nearly half of its 20 proposed rules targeting the crypto sector. Dubbed 'Project Crypto,' the initiative signals Chair Paul Atkins' pivot from enforcement-heavy tactics toward structured guidance. Key focus areas include token issuance protocols and trading platform compliance, aiming to balance innovation with investor protection.
Broker-dealers face impending regulatory clarity as the SEC prepares guidelines for digital asset handling. The agency's tweet quoting Atkins emphasized America's role in shaping financial innovation: 'We will make sure the next chapter is written right here.' Market participants await details on proposed exemptions for legitimate token projects while bracing for heightened exchange oversight.