The Crypto Project of #SEC under Paul Atkins could redefine Wall Street and position the U.S. as the epicenter of Blockchain
Analysts from Bernstein have praised the "Crypto Project," the ambitious initiative of the SEC led by pro-crypto Chairman Paul Atkins, as the "boldest and most transformative vision" for the regulation of digital assets, presented in a historic speech on Thursday titled "American Leadership in the Digital Finance Revolution."
This project, aligned with the Trump administration's agenda, seeks to modernize U.S. securities laws, comparing its impact to milestones such as the Buttonwood Agreement of 1792 or the electronic reforms of the 1990s.
According to Bernstein, led by Gautam Chhugani, the plan will alleviate outdated regulations that have driven crypto innovation overseas, proposing a clear classification of crypto assets (digital products, stablecoins, collectibles) and supporting tokenized securities under U.S. jurisdiction.
This could revitalize the national entrepreneurial spirit, attract Wall Street and technology giants, and consolidate the U.S. as the global leader in blockchain finance, marking a radical shift from Gary Gensler's restrictive stance and the withdrawn case against Coinbase.