#ProjectCrypto The US Securities and Exchange Commission (SEC) has launched "Project Crypto," a comprehensive initiative to modernize digital asset regulations. Led by SEC Chair Paul Atkins, the project aims to provide clear guidelines for crypto asset classification, custody, and trading, while fostering innovation and making the US a global crypto leader. Key aspects include¹ ²:
- *Clear Asset Classifications*: defining crypto assets as securities, commodities, collectibles, or stablecoins
- *Super Apps*: enabling single-licensed platforms for trading traditional securities and crypto assets
- *Self-Custody*: recognizing users' rights to hold and manage their own crypto assets
- *Innovation Exemptions*: allowing new crypto business models to launch with temporary relief from legacy rules
The project supports President Trump's goal of making the US the "crypto capital of the world".³