Bitcoin News Today: SEC Launches Project Crypto to Modernize Digital Asset Regulations

SEC Chair Paul Atkins has launched a comprehensive initiative called “Project Crypto,” aimed at modernizing U.S. securities regulations to better align with the rapidly evolving landscape of crypto and digital assets. Introduced in a series of public statements and policy announcements between July and August 2025, the initiative seeks to create a regulatory framework that accommodates a wide range of crypto assets, including commodities, stablecoins, and utility tokens. It also supports the tokenization of traditional assets such as stocks and bonds [1].

The initiative emphasizes updating outdated regulatory structures that were originally designed for pre-digital finance, which Atkins argues are now a barrier to innovation in the blockchain and crypto sectors. He stressed that the SEC should not act as a rigid “Procrustean bed” stifling technological development, but rather adapt and evolve alongside it. The project will explore how regulations can support tokenized assets and streamline processes in capital markets by leveraging blockchain technology [2].

Project Crypto also aims to address new financial models such as super-apps—platforms that integrate multiple financial services—which challenge traditional definitions of financial products and require a more agile and inclusive regulatory approach. The SEC plans to review and potentially revise or repeal outdated rules that no longer serve their intended purpose, with the goal of fostering innovation while maintaining investor protection [3].

This initiative is part of a broader regulatory effort referred to as a “regulatory sprint,” in collaboration with the Commodity Futures Trading Commission (CFTC), to align U.S. financial markets with blockchain-native infrastructure. The effort seeks to reposition the United States as a global leader in blockchain innovation, encouraging the development of on-chain financial systems and attracting crypto firms back to U.S. shores [4].

Industry analysts suggest that Project Crypto could benefit major crypto platforms like Coinbase and Robinhood by creating a more supportive environment for digital fundraising and tokenized assets. It also represents a shift from the regulatory uncertainty that has hindered U.S. crypto innovation in recent years [5].

The initiative follows a report from the President’s Working Group on digital financial technology, reinforcing the administration’s commitment to reshaping financial regulation around emerging technologies. With Project Crypto underway, the SEC is positioning itself as a proactive force in guiding the future of digital finance in the U.S. [6].

Sources:

[1] https://99bitcoins.com/news/bitcoin-btc/cftc-and-sec-launch-crypto-sprint-to-reform-u-s-regulations/

[2] https://natlawreview.com/article/presidents-working-group-issues-report-digital-financial-technology

[3] https://www.ainvest.com/news/xrp-news-today-sec-launches-project-crypto-regulate-digital-assets-boost-leadership-2508/

[4] https://www.claimspages.com/news/sec-chair-paul-atkins-launches-project-crypto-to-make-us-a-global-blockchain-leader-20250804/

[5] https://www.ainvest.com/news/sec-project-crypto-boost-coinbase-robinhood-circle-chain-infrastructure-2508/

[6] https://news.bitcoin.com/us-moves-toward-onchain-future-with-project-crypto-leading-market-overhaul/