#ProjectCrypto "Project Crypto" is an initiative led by SEC Chair Paul Atkins to modernize financial regulations and foster innovation in digital assets. The project aims to update outdated rules and streamline licensing requirements for crypto-native financial platforms, positioning the US as a global crypto leader. Key aspects include ¹ ²:

- *Regulatory Exemptions*: Granting exemptions or grace periods for decentralized projects and ICOs to encourage early innovation.

- *Licensing Simplification*: Permitting brokers to offer multiple asset classes under a single license.

- *Crypto Classifications*: Establishing distinct classifications to separate crypto commodities from securities.

- *Digital Asset Revolution*: Aligning with President Trump's goal to make the US "the crypto capital of the world" and enabling financial markets to move on-chain.