#ProjectCrypto
Project Crypto is a new initiative launched by the U.S. Securities and Exchange Commission (SEC) to modernize its regulatory framework for digital assets. The goal is to bring the American financial system "on-chain," enabling both tokenized securities and other crypto assets to trade on regulated, blockchain-based platforms. The plan aims to provide clear and simple guidelines for crypto asset distribution, custody, and trading, reducing regulatory ambiguity. It also supports "super-apps," which are platforms that could offer a variety of financial products, including tokens, staking, and lending, under a single license. This initiative is a major shift in the SEC's approach and is intended to make the U.S. a global leader in crypto and blockchain technology.