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Benzinga

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Murtuza J Merchant

SEC Launches 'Project Crypto' — Here's What It Means For You

SEC Paul Atkins Crypto Commission blockchain United States

U.s.,Securities,And,Exchange,Commission,(sec),Logo,Displayed,On,A

The U.S. Securities and Exchange Commission (SEC) has unveiled a new initiative called “Project Crypto” aimed at overhauling securities regulations to adapt to blockchain-based financial systems.

What Happened: SEC Chair Paul Atkins announced the project during a Thursday speech, describing it as a direct follow-up to a report released by the President's Working Group on Wednesday.

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