Paul Atkins says, "most cryptos aren't securities." The initiative aims to modernize regulations, foster innovation, and "unleash" on-chain software systems in its securities markets, amongst

SEC Chair Paul Atkins unveiled “Project Crypto,” a sweeping reform initiative to make the US ''the crypto capital of the world.''

The SEC's Project Crypto aims to modernize crypto asset regulation by clarifying token classification, disclosures, and custody rules.