SEC 'turns the page' for cryptocurrency: Green light for ICO, DeFi, staking thanks to Project Crypto

On August 1, 2025, SEC Chairman Paul Atkins officially announced the initiative 'Project Crypto' – a significant turning point that brings the US financial market on-chain. This is the first effort to modernize securities laws to align with the blockchain era.

Breakthrough of #ProjectCryptor :

Most digital assets will no longer be considered securities.

Activities such as ICOs, airdrops, staking, and DeFi will be legalized and exempted appropriately, ending the ambiguity from former Chairman Gensler's time.

Broker-dealers can operate both crypto and traditional products without needing a separate license.

The project also establishes a separate legal framework for #defi , protecting open-source programmers, updating existing laws to avoid hindering innovation, and creating a 'innovation exception' regulation that allows startups to operate flexibly if prioritizing investor protection.

This initiative is built on the report from the Presidential Working Group (PWG) and the executive order signed by President Donald Trump after his inauguration, with the vision of making the US the 'crypto capital of the world.'

'Project Crypto' is not just a change in law – it is a policy revolution that provides a legal safe harbor, paving the way for a wave of Web3 innovation in the US. #anhbacong