#ProjectCrypto Project Crypto" is a new initiative launched by the U.S. Securities and Exchange Commission (SEC) to modernize securities rules and regulations for the digital age. The goal is to create a clear and predictable regulatory framework for cryptocurrencies and blockchain technology in the United States.
This project aims to provide clear guidelines on when a crypto asset is considered a security and to adapt existing rules for crypto custody. The initiative also seeks to streamline licensing for "super-apps" that offer multiple financial services, ultimately hoping to bring crypto businesses back to the U.S. and cement the country's leadership in the digital finance revolution.