#ProjectCrypto The cryptocurrency project is an initiative by the U.S. Securities and Exchange Commission (SEC) aimed at updating the securities regulations related to cryptocurrency assets. The project seeks to establish clear rules for the distribution, custody, and trading of cryptocurrency assets, while fostering innovation through specially designed exemptions and regulatory flexibility.

*Main Objectives:*

- *Clear Guidelines*: Establish guidelines to determine whether cryptocurrency assets are securities.

- *Token Classification*: Clarify token classification and enable cryptocurrency securities.

- *Custody Requirements*: Update custody requirements for cryptocurrency assets.

- *Regulatory Flexibility*: Provide regulatory flexibility to support innovation.

*Focus Areas:*

- *Cryptocurrency Asset Classification*: Establish clear guidelines to determine whether cryptocurrency assets