#ProjectCrypto Project Crypto is a groundbreaking initiative launched by the US Securities and Exchange Commission (SEC) on July 31, 2025, aimed at revolutionizing the regulatory environment for digital assets in the United States. This project seeks to provide clarity and innovation in crypto regulations, making the US a global hub for blockchain and cryptocurrency innovation ¹ ².

*Key Objectives:*

- *Modernize Securities Laws*: Update outdated rules to accommodate digital assets and on-chain markets

- *Clear Guidelines*: Establish straightforward guidelines for crypto asset classification, distribution, and trading

- *Regulatory Framework*: Develop a framework to maintain US dominance in crypto asset markets

- *Innovation*: Foster innovation and attract institutional investments by providing regulatory clarity

*Impact on DeFi and SMEs:*

- *DeFi*: Project Crypto may enhance regulatory clarity and stimulate innovation in DeFi, but also raises concerns about compliance demands on DeFi ventures

- *SMEs*: Small and medium enterprises may face complex regulatory compliance issues, but clear guidelines could mitigate these challenges

*Priorities:*

- *Token Classification*: Develop clear guidelines for determining whether crypto assets are securities

- *Disclosure Requirements*: Create purpose-fit disclosures and safe harbors for token distributions

- *Custody Requirements*: Modernize custody requirements to facilitate innovation and accessibility

- *Super-Apps*: Enable "super-apps" that can offer multiple crypto services under a single license

*Goals:*

- *US Leadership*: Establish the US as a global leader in blockchain and cryptocurrency innovation

- *Regulatory Clarity*: Provide clear guidelines for crypto asset innovation, custody, and market access

- *On-Chain Markets*: Transition financial markets to on-chain infrastructure for increased transparency and efficiency .