The US government launches 'Project Crypto', aimed at regulating the cryptocurrency market, drawing on historical economic measures.
Historical Context of the Project
In 2025, SEC Chairman Paul S. Atkins announced 'Project Crypto', referencing actions by President Franklin D. Roosevelt in 1933, which involved the seizure of gold to reform the monetary system.
Goals and Objectives of 'Project Crypto'
'Project Crypto' aims to restore the US's leadership in the crypto market, attract venture capital, and bring back crypto businesses that have left the country. Paul S. Atkins stated: 'Project Crypto… aims to establish the United States as the global leader in blockchain innovation and on-chain financial markets… We will reshore the crypto businesses that fled our country.'
Prospects and Consequences of the Initiative
'Project Crypto' may attract venture capital and institutional funding, establishing a solid regulatory framework conducive to innovation in the digital asset space. While precise impacts remain uncertain, the project is expected to bring significant changes to the crypto industry. Regulatory clarity under 'Project Crypto' signals a path for market growth.
'Project Crypto's' launch by the SEC opens new horizons for the US cryptocurrency sector, aiming to restore its lost status and create a more stable regulatory environment.
