SEC Launches ‘Project Crypto’ to Regulate Digital Assets: Impact on US Markets

The U.S. Securities and Exchange Commission (SEC) has launched a comprehensive regulatory overhaul for digital assets, unveiling Project Crypto in Washington D.C., under the guidance of Chair Paul Atkins. This initiative marks a significant shift in U.S. regulatory approach to cryptocurrencies, aiming to bolster American leadership in the digital finance space. The SEC’s new rules will affect cryptocurrency markets by clarifying asset classifications and potentially increasing market liquidity for popular tokens like Bitcoin (BTC) and Ethereum (ETH). The initiative emphasizes innovation-friendly regulations while introducing a clearer framework for trading activities.