The SEC has launched Project Crypto aimed at modernizing cryptocurrency regulation in the U.S. and establishing new standards in blockchain finance.
The Essence of Project Crypto
On July 30, 2025, SEC Chairman Paul S. Atkins announced the launch of Project Crypto, designed to modernize U.S. securities regulation. The project aims to integrate blockchain technology to refresh outdated systems, positioning the U.S. as a leader in blockchain finance. The main objective is to provide regulatory clarity and align with global trends in the cryptocurrency sphere.
Market Reaction to the Initiative
Market reactions to the announcement of the project have been reserved. During his speech, Atkins highlighted the potential for American leadership in digital finance. He stated: "We are at the threshold of a new era in the history of our markets … America must do more than just keep pace; we must drive the digital asset revolution." However, official responses from major crypto figures are currently scarce.
Impact on the Future of Cryptocurrency
Recent reports indicate that Bitcoin (BTC) has reached a price of $115,522.24 with a market cap of $2.30 trillion. The 24-hour trading volume was $55.16 billion. It is expected that the regulatory clarity from Project Crypto may encourage increased institutional participation. Historically, such regulatory initiatives often promote technological advancements and renewed investor confidence in the blockchain domain.
Project Crypto from the SEC opens new horizons for the cryptocurrency market in the U.S., promising significant changes in regulatory approaches and creating favorable conditions for growth and clarity in cryptocurrencies.