#ProjectCrypto Project Crypto is a groundbreaking initiative launched by the U.S. Securities and Exchange Commission (SEC) to modernize securities regulations and support the transition of U.S. financial markets to on-chain systems using blockchain technology. Led by SEC Chair Paul Atkins and Commissioner Hester Peirce, the project aims to ¹ ² ³:
- *Establish Clear Guidelines*: Provide definitive rules for token issuance, digital asset trading, and on-chain securities to reduce legal confusion and promote innovation.
- *Foster Innovation*: Encourage blockchain innovation, capital formation, and market efficiency while ensuring investor protection.
- *Promote On-Chain Infrastructure*: Support the development of on-chain systems, tokenized securities, and digital assets to enhance market transparency and security.
The project seeks to position the U.S. as a global leader in crypto innovation and capital markets, while navigating complex regulatory challenges and international standards ² ³.