#ProjectCrypto
📰 #ProjectCrypto: The SEC's Regulatory Reboot for Digital Finance
#ProjectCrypto is a landmark initiative launched by the U.S. Securities and Exchange Commission (SEC) to modernize the regulatory framework for digital assets and position the U.S. as a global leader in the crypto market. Spearheaded by SEC Chair Paul Atkins, the project aims to replace an enforcement-first approach with clear, purpose-fit rules.
Key features include establishing bright-line rules for classifying crypto assets (security, commodity, stablecoin, etc.), creating regulatory safe harbors and exemptions for early-stage innovation like ICOs and airdrops, and modernizing custody rules while defending the right to self-custody. The goal is to bring financial markets "on-chain," fostering innovation, attracting institutional investment, and ensuring investor protection in the digital finance revolution.
