SEC Unveils Project Crypto for Nationwide Regulation

The U.S. Securities and Exchange Commission (SEC), led by Chairman Paul Atkins, has launched 'Project Crypto,' a major initiative to modernize securities regulations for digital assets and strengthen the U.S.'s position in global digital finance. The plan introduces streamlined licensing, enabling crypto firms to operate nationwide under a unified regulatory framework. It seeks to eliminate outdated regulations, provide clear rules for tokens, stablecoins, and tokenized financial products, and introduce new guidelines for asset categorization, custody, and trading. Project Crypto also creates exemptions for common fundraising methods such as initial coin offerings and airdrops. The SEC will work closely with other government agencies to ensure the U.S. leads the digital asset revolution. This initiative marks a significant shift toward a pro-innovation regulatory stance to attract crypto entrepreneurs and investors back to the U.S.