SEC to Modernize Securities Rules with Project Crypto

According to PANews, the U.S. Securities and Exchange Commission (SEC) Chairman announced at the OECD Global Financial Markets Roundtable that the United States will advance securities rule modernization through 'Project Crypto.' This initiative aims to clarify that most crypto tokens do not qualify as securities and supports innovative platforms offering trading, lending, and staking services under a unified regulatory framework. The SEC plans to collaborate with international regulatory bodies to foster innovation and regulatory coordination in capital markets.