SEC Unveils Crypto Classification Framework to Reduce Regulatory Uncertainty

The Securities and Exchange Commission (SEC) has launched a new framework, ‘Project Crypto’, aimed at clarifying the classification of crypto assets. This initiative seeks to address years of investor uncertainty surrounding when digital assets qualify as securities, collectibles, or commodities. The SEC Chair, Paul Atkins, presented this framework during a speech at the Federal Reserve Bank of Philadelphia. This move is expected to reduce compliance burdens on crypto projects and potentially reshape market dynamics by easing regulatory barriers.