SEC Engages BitGo on "Project Crypto" to Modernize Digital Asset Regulation

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2025-09-11 23:21:02

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The U.S. Securities and Exchange Commission (SEC) met with BitGo Inc. on September 10, 2025, to discuss its "Project Crypto" initiative. The meeting, attended by BitGo CEO Mike Belshe and VP of Corporate Development J. Baylor Myers, focused on modernizing custody rules, enhancing market transparency, and implementing recommendations from the Trump-era crypto working group.

BitGo presented its vision for adapting custody frameworks to digital assets, emphasizing multi-signature wallets and private key security. The company also outlined how the SEC could leverage its authority to complement pending legislation like the GENIUS Act. The dialogue signals growing institutional recognition of crypto's role in finance.

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