The SEC's Crypto 180
Weekly Recap: Welcome to Project Crypto says the SEC as Q2 earnings reports go live.
On Thursday, Securities and Exchange Commission (SEC) Chair Paul Atkins established “Project Crypto” as the agency’s north star to aid President Trump in establishing America as the “crypto capital of the world.”
Led by Crypto-Mom, Commissioner Hester Peirce, Project Crypto directs SEC staff to draft clear and simple rules of the road for crypto asset distributions, custody, and trading for public notice and comment. The plan invigorated the crypto industry with its call for a “Commission wide initiative to modernize the securities rules and regulations to enable America’s financial markets to move on-chain.”
In line with a recent President’s Working Group on Digital Asset Markets report, the SEC aims to: bring crypto asset distributions back to America, provide maximum choice for crypto asset custody and trading, support innovative “super-apps,” and unleash the potential of blockchain systems in securities markets.
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Jack Inabinet
Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.
