SEC Project Called a Turning Point for the Crypto Market
Date: 2025-08-05 Author: Gabriel Deangelo Categories: BLOCKCHAIN
Bernstein analysts highly praised the new SEC initiative called Project Crypto, calling it the most ambitious and promising of all previously proposed crypto-regulatory concepts. According to analysts, the presented plan can radically change the rules of the game in the industry and return the United States to leadership in technological innovation.
The project was presented by the current head of the SEC, Paul Atkins, who stated the need to modernize the financial system to the realities of the digital economy. He emphasized that the country should not just catch up, but get ahead of global trends, in contrast to the more conservative approach of his predecessor, Gary Gensler.
As part of Project Crypto, a complete reassessment of the approach to the classification of digital assets is planned. The SEC is going to abandon the previous practice of equating almost all tokens with securities. Instead, it will propose a clear structure for distinguishing between digital goods, stablecoins, and non-fungible tokens.
Another key innovation will be the simplification of licensing. Now brokers will be able to work with both cryptocurrency and traditional financial instruments on the basis of a single license. This should significantly reduce the bureaucratic burden and stimulate the development of new products.
However, analysts believe that the most significant step is the SEC's readiness to adapt old regulatory standards to blockchain-based technologies. In particular, it is planned to create conditions for the legal operation of decentralized financial platforms - from lending protocols to automated market makers. Such integration, according to Bernstein, will pave the way for continuous trading and instant settlements, which will be a real breakthrough.
Bernstein is confident that with the adoption of this initiative, the so-called "regulatory moat" that previously limited the entry of new participants into the market will disappear. Instead, a more equal and open competitive environment will be created.
Recall that earlier in July, the White House Working Group on Digital Assets presented recommendations for updating the regulation of the crypto industry, which also became part of a comprehensive movement by the United States to rethink its position in this area.
