According to reliable sources, the U.S. Securities and Exchange Commission (SEC) has officially unveiled the veil of its latest regulatory blueprint. SEC Chairman Paul S. Atkins delivered an important speech in Washington on July 31, 2025, announcing a comprehensive reform plan called "Project Crypto." The introduction of this plan marks a significant shift in the attitude of U.S. regulatory agencies toward the field of encryption assets.

The plan involves several key areas, including the classification and issuance mechanism of encryption assets, the construction of a tokenization support system, the revision of custody and trading rules, the framework design for the coexistence of securities and non-securities trading, the access standards for super-app platforms, the compliance path for decentralized finance (DeFi), and the formulation of innovative exemption mechanisms. This series of initiatives aims to create a comprehensive, flexible, and forward-looking regulatory environment for encryption assets in the United States.

The launch of the "Project Crypto" initiative demonstrates the SEC's recognition of the potential of encryption technology, while also reflecting the efforts of regulators to balance innovation with risk management. Through this initiative, the SEC hopes to provide clear regulatory guidance for the encryption asset industry, while also offering better protection for investors.

This initiative is seen by industry insiders as an important step for the U.S. government in its commitment to maintaining its leadership position in the global financial innovation sector. With the gradual implementation of the "Project Crypto" plan, it is expected to have a profound impact on the global encryption asset market and may prompt other countries and regions to follow suit, driving the coordination and improvement of the global encryption asset regulatory framework.