The SEC launched "Project Crypto" to promote the United States as a global crypto hub SEC Chairman @PaulAtkinsETH recently announced the launch of the "Project Crypto" initiative, which aims to modernize securities regulations and make the U.S. financial market better on-chain, and also responds to Trump's goal of making the United States a "global crypto center". The plan focuses on bringing crypto asset issuance back to the United States, establishing clear and understandable rules for issuance, custody, and trading, while updating existing regulations to accommodate the development of on-chain systems. Atkins also mentioned that in the future, market participants can provide one-stop services through "super apps", covering multiple products with just one license, and will explore exemption mechanisms to encourage more innovative business models.
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