Major regulatory shift in the U.S. crypto landscape.

The SEC has officially launched Project Crypto — a bold modernization initiative aimed at reshaping how digital assets are regulated. Under the leadership of Chair Paul Atkins, the agency is abandoning its enforcement-heavy stance and embracing a framework that encourages innovation, protects self-custody rights, and provides regulatory clarity for both startups and institutions.

Key proposals include:

- A unified licensing model for digital asset brokerages

- Clear distinctions between commodities and securities

- Grace periods for early-stage crypto projects and DAOs

- Legal protection for self-custody of assets

Atkins stated: “Many of the Commission’s legacy rules do not make sense in the 21st century — let alone for on-chain markets.”

Meanwhile, sentiment on X (formerly Twitter) is already responding. Grok, the xAI-powered assistant, analyzed user sentiment and found that tokens like Cardano (ADA), Ethereum (ETH), Solana (SOL), Avalanche