Breaking News: SEC Chairman Paul Atkins officially announces the launch of "Project Crypto"!

This marks the beginning of a new era in U.S. cryptocurrency regulation, aiming to make the U.S. the "Crypto Capital of the World". This is not just a slogan, but a systematic strategy.

Atkins has proposed five core pathways, full of insights:

1. Attracting digital asset issuance activities such as ICOs and airdrops back to the U.S.

2. Allowing "Super-Apps" to provide one-stop trading for all types of assets, which will be a significant leap in user experience.

3. Deepening the embrace and support for DeFi and on-chain infrastructure.

4. Expanding users' self-custody options, giving investors greater control over their assets.

5. A complete transformation of the regulatory model, shifting from a "law enforcement first" approach to a "rules first + innovation exemptions" approach, which means a clearer and more predictable regulatory framework in the future.

It is reported that the SEC plans to release supportive regulatory drafts by the end of the year, which is undoubtedly a welcome relief for the entire cryptocurrency industry. It signifies that U.S. regulators have finally recognized the incompatibility of old securities laws with digital assets and are actively seeking to build an innovation-friendly framework suitable for the 21st century.