SEC Unveils ‘Project Crypto’ to Modernize U.S. Market Regulations
The post SEC Unveils ‘Project Crypto’ to Modernize U.S. Market Regulations appeared on BitcoinEthereumNews.com.
Key Points: SEC launches “Project Crypto” for comprehensive regulatory reform. Focus on Ethereum and DeFi to ensure U.S. leadership in crypto space. Market reaction mixed as stakeholders assess the implications. SEC Chairman Paul Atkins announced Project Crypto on July 31, 2025, at the America First Policy Institute, aiming to modernize U.S. securities regulation for blockchain and crypto. This initiative seeks to attract crypto businesses to the U.S., potentially impacting Ethereum, Layer 1 blockchains, and DeFi protocols, with significant market interest and reactions. SEC Targets Ethereum and DeFi in New Regulatory Rollout Paul Atkins’ speech outlines how “Project Crypto” aims to update securities regulations to make the U.S. the “crypto capital of the world.” The SEC will adopt measures to enable Ethereum and Layer 1 blockchain development, supporting innovations in super applications and DeFi protocols. In the words of Paul Atkins, “Today I am announcing the launch of ‘Project Crypto’—a Commission-wide initiative to modernize the securities rules and regulations to enable America’s financial markets to move on-chain”. The new plan empowers the SEC’s Crypto Task Force to execute this framework, prioritizing a pro-innovation approach. The agenda is built around advancing U.S. market integration of blockchain technologies with a particular focus on stablecoin regulation and DeFi protocols. The market’s initial reaction to the announcement included a slight decline in Bitcoin prices as stakeholders sought to understand regulatory impacts. SEC officials reported there are currently no direct allocations of funding or specified financial inputs but indicated that reducing barriers aligns with government financial strategies. Historical Parallels and Expert Views on U.S. Crypto Strategy Did you know? With the SEC’s “Project Crypto,” the U.S. attempts a regulatory strategy similar to Japan’s FSA post-2017 reforms, but with a broader scope focusing on blockchain integration at a federal level, which is unprecedented in American policy history.…
Filed under: News - @ August 6, 2025 4:19 am