# project crypto

The U.S. SEC has officially announced "Project Crypto". The project includes the development of a U.S. central bank digital currency (CBDC) and a new regulatory framework for stablecoins. This marks the most significant U.S. government-led crypto initiative to date, potentially setting global standards for digital asset regulation.

💬How will Project Crypto's approach to regulation impact the balance between innovation and consumer protection in the U.S. crypto market?