#ProjectCrypto
The Securities and Exchange Commission announces the "Crypto Project" to move U.S. capital markets to the blockchain.
SEC Chairman Paul Atkins announced the "Crypto Project," a comprehensive initiative to update securities regulations so that U.S. capital markets can operate on the blockchain.
This regulatory shift is the boldest step the SEC has taken towards digital currency-friendly innovation. It follows President Trump's Genius Act and the Presidential Task Force report.
What is the SEC's Crypto Project?
The "Crypto Project" is a comprehensive reform of the Commission's securities regulations to:
Enable blockchain-based markets (on-chain).
Clarify the legal rules for the issuance, trading, and custody of digital assets.
Stop pushing innovation overseas.
Replace outdated 20th-century rules with original blockchain policies.