According to a report by Deep Tide TechFlow, on July 31, 2025, SEC Chairman Paul S. Atkins delivered a speech in Washington, announcing the launch of the 'Project Crypto' reform plan. This plan covers multiple areas including classification and issuance of crypto assets, tokenization support, revisions to custody and trading rules, coexistence trading of securities and non-securities, access to super-app platforms, compliance pathways for DeFi, and innovative exemption mechanisms, aimed at laying the institutional foundation for advancing the U.S. to become a global crypto capital.