#ProjectCrypto Chairman of the SEC Paul Atkins officially announces "Project Crypto"
This is an initiative aimed at modernizing the securities legal framework, bringing the U.S. financial market into the on-chain era. A part of the strategy to realize President Trump's vision: making the U.S. the global Crypto hub.
5 pillars of Project Crypto:
1. Classification of digital assets (securities, commodities, stablecoins…) with specific guidelines.
2. Attract businesses back to the U.S., supporting the legal issuance of tokens in the U.S.
3. Protect self-custody rights, update regulations for financial institutions holding digital assets.
4. Allow all-in-one platforms (integrating securities, crypto, staking, lending…) to operate with a single license.
5. Protect developers, support DeFi activities such as AMM to operate legally.
