#美SEC启动ProjectCrypto计划 On July 31, 2025, U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins announced the launch of "Project Crypto." This initiative aims to update securities rules and enable the on-chainization of U.S. financial markets, fulfilling President Trump's vision of making the United States the "crypto capital of the world." The specific contents are as follows:

- Clarifying Cryptoasset Classification: The SEC Chairman emphasized that "most cryptoassets are not securities" and pledged to provide guidance to help market participants appropriately classify digital assets.

- Revising Custody and Trading Rules: Instructing SEC staff to draft clear rules for the distribution, custody, and trading of cryptoassets, while considering exemptions and relief measures during the transition period.

- Enabling "Super Apps": Allowing securities intermediaries to offer a variety of products and services under a single platform, with a single license. This would allow broker-dealers to trade non-security crypto assets alongside securities and offer services such as staking and lending, without the need for multiple licenses. - Adapting to on-chain software systems: Updating "outdated" rules to accommodate on-chain software systems, including decentralized financial applications that operate without intermediaries, potentially necessitating amendments to Regulation NMS.

- Proposing an innovation exemption: Allowing companies to quickly launch new business models that don't fully comply with existing regulations, provided they adhere to principles-based conditions and achieve the core objectives of securities law.

This move aims to align with legislation from the White House Cryptocurrency Task Force and accelerate the integration of traditional finance and crypto markets. Institutions such as BlackRock and Coinbase are already actively developing related businesses.