#ProjectCrypto "Project Crypto" is a comprehensive initiative launched by the US Securities and Exchange Commission (SEC) to modernize and clarify digital asset regulations. The project aims to ¹ ² ³:

- *Provide Clear Guidelines*: Establish clear definitions and rules for digital assets, determining whether they are securities or commodities.

- *Support Innovation*: Foster innovation by allowing early-stage crypto projects to develop without excessive regulatory scrutiny, while ensuring investor protection.

- *Enable Tokenization*: Facilitate the tokenization of financial markets, including equities, funds, and real-world assets.

- *Streamline Regulations*: Update outdated rules and regulations to accommodate digital assets and blockchain technology.

*Key Features:*

- *Single License for Multiple Services*: Allow broker-dealers to offer a wide range of products and services, including security tokens, non-security tokens, staking, and lending, under a single license.

- *Self-Custody Rights*: Protect the right to self-custody digital assets and participate in on-chain activities.

- *Super Apps*: Enable the development of "super apps" that offer multiple financial services, including trading, staking, and lending.

*Goals:*

- *Make the US a Crypto Hub*: Position the United States as a global leader in blockchain and crypto technology.

- *Increase Clarity and Consistency*: Provide clear and consistent regulations to support innovation and investor protection.

- *Compete Globally*: Ensure the US remains competitive in the global digital asset market ² ³ ⁴.