SEC Chair Paul Atkins introduced Project Crypto on July 31, 2025, outlining a plan to update United States securities rules for digital assets and tokenized markets. The initiative is designed to support blockchain-based trading, custody, and distribution while giving regulators clearer tools for overseeing crypto activity. According to the announcement, the SEC will work with its Crypto Task Force, led by Commissioner Hester Peirce, to draft proposals for on-chain financial markets. The plan also places digital asset classification at the center of the agency’s regulatory agenda. SEC Sets New Direction for Digital ... (full story)