#ProjectCrypto A major regulatory shift in the landscape of cryptocurrencies in the United States.
The U.S. Securities and Exchange Commission (SEC) has officially launched the "Crypto" initiative, a bold modernization effort aimed at reshaping the regulation of digital assets. Led by its chair Gary Gensler, the agency is abandoning its hardline stance on enforcing laws and adopting a framework that encourages innovation, protects self-custody rights, and provides regulatory clarity for both startups and institutions.
Key proposals include the following:
- A unified licensing model for digital asset brokerage firms
- A clear distinction between commodities and securities
The U.S. Securities and Exchange Commission (SEC) has officially launched the "Crypto" initiative, a bold modernization effort aimed at reshaping the regulation of digital assets. Led by its chair Gary Gensler, the agency is abandoning its hardline stance on enforcing laws and adopting a framework that encourages innovation, protects self-custody rights, and provides regulatory clarity for both startups and institutions.
Key proposals include the following:
- A unified licensing model for digital asset brokerage firms
- A clear distinction between commodities and securities