SEC Chair Paul Atkins Unveils ‘Project Crypto’ To Drive ‘Digital Asset Revolution’
Securities and Exchange Commission (SEC) Chair Paul Atkins has unveiled “Project Crypto,” a sweeping reform initiative aimed at positioning the US at the forefront of the “digital asset revolution.” Atkins said the initiative is a direct response to a report released by US President Donald Trump’s Working Group on Digital Assets and that it aims ”to make the US ”the crypto capital of the world.” He added that the i nitiative will modernize the securities rules and regulations ”to enable America’s financial markets to move on-chain.” “Many of the Commission’s legacy rules and regulations do not make sense in the twenty-first cen tury — let alone for on-chain markets,” Atkins said . “The Commission must revamp its rulebook so that regulatory moats do not hinder progress and competition, from both new entrants and incumbents, to the detriment of Main Street.” ‘Project Cry...