#ProjectCrypto

The US Securities and Exchange Commission (SEC) has launched "Project Crypto," an initiative aimed at modernizing financial regulations to accommodate the rapidly evolving digital asset landscape. Led by SEC Chair Paul Atkins, the project seeks to foster innovation while ensuring investor protection. Key objectives include ¹ ²:

- *Simplifying Licensing Requirements*: Allowing brokers to offer multiple asset classes under a single license

- *Streamlining Regulatory Frameworks*: Developing clear guidelines for crypto asset distributions, custody, and trading

- *Encouraging Innovation*: Providing regulatory exemptions or grace periods for decentralized projects and ICOs

- *Supporting Super Apps*: Enabling seamless integration of trading, staking, lending, and custody services within a single platform

By updating outdated rules, the SEC aims to position the US as a global crypto leader and drive economic growth through digital finance innovation.