#ProjectCrypto The United States Securities and Exchange Commission (SEC) announced on Thursday, July 31, the "Crypto Project". This is a comprehensive initiative to modernize financial market rules and promote the transition to a blockchain infrastructure. The announcement was made by SEC Chairman Paul S. Atkins during the event "American Leadership in the Digital Financial Revolution," organized by the America First Policy Institute.

In his speech, Atkins argued that the world is on the brink of a new era. Therefore, he stated that the SEC cannot remain tied to an "analog past." In this sense, he emphasized the need for the U.S. to lead, rather than just follow, the digital asset revolution.