#ProjectCrypto SEC Launches “Project Crypto”

At a pivotal moment for digital asset regulation, U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins has announced Project Crypto, a Commission-wide effort to modernize securities regulation and transition U.S. markets to an on-chain infrastructure.

“We are at the threshold of a new era in the history of our markets,” said Atkins, speaking at the America First Policy Institute’s event, “American Leadership in the Digital Finance Revolution,” on Thursday, July 31.

Positioning Project Crypto as a direct response to what he described as years of regulatory stagnation, Atkins made it clear the U.S. must lead—not follow—in shaping the future of financial markets.

“The world is not waiting. America must do more than just keep pace with the digital asset revolution. We must drive it,” SEC Chair said.

He credited President Trump’s signing of the GENIUS Act, establishing a federal framework for stablecoins, and applauded bipartisan momentum in Congress toward broader crypto market structure legislation.

Atkins also endorsed the newly released President’s Working Group (PWG) Report on Digital Asset Markets, calling it a “blueprint to make America first in blockchain and crypto technology.” The report, he said, would guide regulatory action in the months ahead.