The United States Securities and Exchange Commission is changing their stance on digital assets. And it might change the future of crypto in America forever.

What’s happening:

  • The United States Securities and Exchange Commission has unveiled a new initiative known as Project Crypto which is aiming to revolutionize securities law for digital assets and tokenization

Why it matters:

  • Project Crypto is widely considered to be one of the largest shifts in crypto policy from the United States Securities and Exchange Commission in history

Going deeper:

  • United States Securities and Exchange Commission Chairman Paul Atkins has publicly stated Project Crypto will focus on new laws for tokenizing securities and simplifying the regulatory framework for digital asset businesses to legally operate in America
  • Project Crypto will also advance new legal frameworks for using blockchain technology for the issuance, trading and custody of securities

The intrigue: