#ProjectCrypto

ProjectCrypto is a regulatory initiative by the U.S. Securities and Exchange Commission (SEC):

The U.S. Securities and Exchange Commission (SEC) has announced a major initiative called "Project Crypto" aimed at reforming and regulating digital assets in the United States.

The goal of this initiative is to make the United States a global leader in the digital economy and to provide greater legal clarity for crypto projects.

The main priorities of this initiative include:

Establishing a regulatory framework for the distribution of cryptocurrency assets (such as Initial Coin Offerings (ICOs) and Airdrops).

Providing broader guidelines for the custody of digital assets.

Protecting the rights of software developers.

Developing a framework that allows the creation of "super-apps" that offer multiple services under a single license.

This change represents a significant shift from the previous approach of the commission, as it aims to separate most cryptocurrencies from the classification of securities.

This initiative is expected to have a significant impact on the crypto market in the United States and may encourage the return of projects that left the country due to regulatory uncertainty.