#ProjectCrypto Project Crypto is a new initiative from the US Securities and Exchange Commission (SEC) announced on July 31, 2025, by SEC Chairman Paul Atkins. The program aims to bring traditional US financial regulations into the digital & on-chain era, enabling integration between traditional financial systems (TradFi) and blockchain finance (DeFi).

🎯 Main Objectives

1. Establish clear definitions of tokens

The SEC will draft guidelines differentiating tokens as securities, commodities, or stablecoins to reduce legal uncertainty.

2. Support ICO offerings and securities tokenization

Including allowing the issuance and trading of blockchain-based securities tokens within a clear SEC framework.

3. Enable integrated ‘super-app’ platforms

For example, applications that combine stocks, crypto, staking, NFTs, and payments with a single regulatory license.

4. Adapt custody rules; protect self-custody rights

The SEC is considering changes to custody regulations to accommodate crypto assets, as well as ensuring users' rights to self-store their assets.

5. Light and proportional regulatory approach

The main goal is to provide space for innovation through grace periods, safe-harbors, and more flexible licensing for crypto startups.

⚙️ Project Implications

Regulatory paradigm shift: A transition from an era of "enforcement" to an era of "regulatory support" for blockchain innovators.

Tokenization of Wall Street assets: Opportunities to issue stocks, bonds, or ETFs as on-chain tokens.

Consolidation of financial services: Major banks and exchanges may develop super-apps that unify traditional and digital services.

Transformation of DeFi and TradFi: DeFi could grow as a protocol layer facilitated by regulations, while traditional companies could expand their reach into blockchain technology.

📅 Context Timeline

July 31, 2025: Paul Atkins announces Project Crypto in an official speech at the America First Policy Institute.