#CreatorPad SEC Chair Launches ‘Project Crypto’ To Position US As Global Crypto Leader

US Securities and Exchange Commission (SEC) Chair Paul Atkins, recently unveiled a new initiative called “Project Crypto,” aimed at transforming the country into the “crypto capital of the world,” in line with President Donald Trump’s promises to the industry.

This announcement, made during his address on Thursday, marks a notable departure from the aggressive enforcement policies of his predecessor, Gary Gensler, who had been criticized for his tough stance on the digital asset industry.

SEC Aims To Revitalize US Crypto Market

Atkins’ speech follows the release of a comprehensive 166-page report from the White House on Wednesday that outlines its approach to regulating the cryptocurrency sector.

With just over three months in office, Atkins has made it clear that he intends to foster a more supportive regulatory environment for digital assets, contrasting sharply with Gensler’s approach, which many in the industry viewed as overly punitive.

During his address, Atkins outlined several priorities for the SEC, including the development of “clear and simple rules of the road” for various crypto activities, such as custody and trading. He also proposed allowing exchanges to evolve into “super-apps,” which would enable them to provide a wider array of services to users