SEC’s “Project Crypto” Announcement Marred by False ETH Security Rumors

SEC launches Project Crypto to integrate blockchain with traditional finance systems. Plan includes tokenized stocks and funds on public blockchain infrastructure. Rumors about Ethereum’s status debunked, no official SEC clarity yet. In a move to catch up with the fast-moving pace of crypto, SEC Chair Paul Atkins has launched “Project Crypto,” an effort to modernize US financial rules and bring parts of Wall Street onto the blockchain. As we advance these priorities, I look forward to working with my counterparts across the Administration to make the US the crypto capital of the world. This represents more than a regulatory shift—it is a generational opportunity. My full speech: https://t.co/sAc9wPj8v1 — Paul Atkins (@SECPaulSAtkins) July 31, 2025 Atkins admitted something many in the crypto space have felt for years: unclear US regulations have driven innovation overseas, leaving American entrepreneurs and investors behind. Now, with “Project Crypto,” the SEC wants to reverse that trend and turn the US into a global crypto hub. Related: White House’s Robert Hines on US Strategic Bitcoin Reserve: “We Do Believe in Accumulation” Brin… The post SEC’s “Project Crypto” Announcement Marred by False ETH Security Rumors appeared first on Coin Edition .