#SECProjectCrypto The SEC of the U.S. has launched "Crypto Project", a pioneering initiative to modernize the regulation of digital assets. Key features include:

1. Clear definitions: Distinction between crypto securities and commodities.

2. Customized disclosure guidelines: Supporting innovation with tailored rules for early-stage projects.

3. Regulatory flexibility: Allowing cryptocurrency exchanges and intermediaries to operate multiple services under a single license.

4. Tokenization: Facilitating the tokenization of traditional assets such as stocks and funds.

5. Pilot exemptions: Allowing companies to test new crypto products with reduced regulatory risk.