US EditionSEC Chair Lays Out ‘Project Crypto’ Plan to Bring Innovation Back to U.S.: Bernstein
UNITED STATES, AUG 4 – Project Crypto aims to clarify crypto regulations, support innovation, and attract businesses back to the U.S., with public feedback sessions starting soon, SEC said.
- Under the new initiative, Project Crypto was launched by U.S. Securities and Exchange Commission , aiming to modernize securities rules for the digital age, SEC Chair Paul S. Atkins announced during a speech titled "American Leadership in the Digital Finance Revolution."
- Amid regulatory confusion, U.S. crypto firms struggled with unclear rules, prompting many to move overseas and spotlighting the plan's focus on reshoring.
- Under Project Crypto, the SEC will allow decentralized finance tools and plans to refine the Howey Test to clarify digital asset classifications, removing SAB 121 restrictions.
- Soon, licensed broker-dealers will offer both crypto and traditional products in a regulated environment, enabling 24/7 trading and instant settlements, per SEC and Bernstein.
- Looking ahead, an innovation exemption sandbox is explored to foster new business models as public rule changes and industry feedback sessions begin in the coming months under SEC project crypto.
14 Articles
14 Articles
SEC’s Atkins: 'Most Crypto Assets Are Not Securities' Under Bold New Vision
Paul Atkins, the head of the Securities and Exchange Commission, said “most crypto assets are not securities.” What to know: SEC Chairman Paul Atkins announced ‘Project Crypto’ to modernize securities rules for crypto assets. The initiative aims to create clear guidelines for crypto asset distributions, custody, and trading. Atkins emphasized that most crypto assets are not securities, challenging previous SEC views. WASHINGTON, D.C. — Securiti…
SEC Is Now All In On Crypto. What’s Next?
Crypto funds are about to become a whole lot more regulated — or deregulated, depending on who you ask. After initial delays, the SEC has approved in-kind redemptions for spot Bitcoin and Ethereum ETFs. The decision is the first pro-crypto policy decision by Paul Atkins, the SEC chair confirmed earlier this year who is expected to help realize crypto evangelists’ digital currency dreams. The move also is the first major indication that the crypt…
"Procrustean Bed" No More: SEC to Adopt Flexible Rules for Crypto, Says Atkins
SEC’s Project Crypto to modernize outdated rules for blockchain-based securities. Tokenized assets gain regulatory focus for better market integration and efficiency. SEC targets investor protection and transparency in blockchain trading environments. Paul Atkins, the Chairman of the U.S. Securities and Exchange Commission (SEC), has announced a new regulatory initiative called “Project Crypto.” The program’s goal is to integrate blockchain tech…
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
