Project Crypto to simplify crypto regulations in the US
SEC Chair Paul Atkins announced a shift towards clearer crypto regulations and innovation-friendly policies under Project Crypto.
The US Securities and Exchange Commission has introduced ‘Project Crypto,’ a Commission-wide effort to update securities regulations and establish America as the world’s leading crypto market.
The announcement was made by SEC Chair Paul Atkins at the America First Policy Institute in Washington D.C. on 31 July. Atkins highlighted the rapid evolution of financial markets and stressed the need for the US to take a proactive role in the crypto revolution.
Project Crypto builds on recommendations from the President’s Working Group on Digital Asset Markets,…