#ProjectCrypto Project Crypto: How the SEC Plans to Rewrite Digital Asset Rules
SEC Chairman Paul Atkins launched Project Crypto to modernize digital asset regulations, declaring most cryptocurrencies are not securities.
SEC Chairman Paul Atkins launched “Project Crypto” to modernize securities rules for digital assets and establish clear regulations
Atkins declared “most crypto assets are not securities,” reversing previous SEC stance under Gary Gensler
The initiative allows single licenses for multiple asset classes and creates exemptions for early-stage crypto projects
Self-custody rights will be protected and “super-apps” offering multiple services under one license will be permitted
The CFTC will have sole authority over spot crypto markets while SEC and CFTC share joint oversight responsibilities