The US Securities and Exchange Commission (SEC) has just announced the “Crypto Project” — a large-scale initiative that could radically change the US financial system and place the country at the forefront of the blockchain revolution.
Goal: transitioning the US financial markets to blockchain (on-chain) with new rules, transparency, and efficiency.
🔑 What the “Crypto Project” entails:
✅ Transition to on-chain infrastructure for equities, derivatives, and tokenized assets
✅ Clear definition of when cryptocurrency is a security — instead of “regulation by enforcement”
✅ Support for innovation: removing barriers that hinder the development of Web3 projects and startups
✅ Acceleration of ETF approvals, including Bitcoin and Ethereum with an “in-kind redemption” mechanism
✅ Joint oversight by the SEC + CFTC over digital asset markets — for the first time on a cooperative basis
✅ Creation of a “sandbox” for tokenized real-world assets (RWAs)
👥 Who is at the helm:
The project is led by SEC Chair Paul Atkins and Commissioner Hester Peirce (“Crypto Mom”). They openly advocate for a transition to a progressive, yet controlled environment for cryptocurrencies in the USA.
📊 Why this matters:
🔹 The USA is officially taking a course towards a Web3-oriented financial model for the first time
🔹 This can bring institutional capital and large crypto projects back to the USA
🔹 A decrease in regulatory unpredictability and a stable business environment is expected
🔹 It could become a catalyst for a new bull market in cryptocurrencies
🗓 What’s next?
The government is expected to provide more details about the project's implementation stages in the coming weeks. At the same time, the Senate is preparing to pass the GENIUS Act — a framework cryptocurrency law that will complement the “Crypto Project” and establish a legal foundation for the US digital economy.
🇺🇸 The “Crypto Project” is not just a reform. It is a historical turning point in the global financial system.
The USA is claiming a leadership role in the blockchain future. And it seems this time — seriously.
