#ProjectCrypto Project Crypto is a comprehensive initiative by the US Securities and Exchange Commission (SEC) to modernize and clarify digital asset regulations. Led by SEC Chair Paul Atkins, the project aims to ¹ ² ³:

- *Establish Clear Guidelines*: Develop simple rules for crypto asset distributions, custody, and trading, helping market participants determine whether a digital asset is a security or commodity.

- *Foster Innovation*: Allow firms to pilot new crypto products without excessive fear of enforcement and provide exemptions for early-stage crypto projects.

- *Promote On-Chain Markets*: Enable tokenization of equities, funds, and real-world assets, and allow securities intermediaries to offer comprehensive services under a single license.

- *Support Decentralized Finance*: Adapt rules for DeFi protocols and automated market makers, ensuring US dominance in crypto markets.

The project responds to the White House's policy recommendations, aiming to make the US a global crypto leader ² ⁴.