#ProjectCrypto

ProjectCrypto is the U.S. SEC’s major initiative to modernize regulations for digital assets, aiming to clarify the rules for cryptocurrencies and blockchain-based projects. Announced by SEC Chair Paul Atkins, it seeks to overhaul outdated regulations to better fit internet-era capital markets, distinguishing between crypto commodities and securities. Project Crypto proposes easing licensing for firms, offering regulatory exemptions to early-stage crypto projects and initial coin offerings, and protecting users’ rights to self-custody. This move responds to industry calls for clear guidance, aiming to fuel innovation while maintaining essential oversight in the rapidly evolving digital finance space