SEC Chief Announces Revolutionary Project Crypto for Crypto Regulation!

SEC Chief Announces Revolutionary Project Crypto for Crypto Regulation!

US Securities and Exchange Commission (SEC) Chairman Paul Atkins unveiled his new concept “Project Crypto” during a speech at the Federal Reserve Bank of Philadelphia today, November 14, 2025. The aim of the project is to clarify the regulation of cryptocurrencies within the framework of existing securities laws and thus eliminate the uncertainties in this area. This could make a crucial difference to the developed crypto landscape, as Atkins emphasizes that most crypto tokens should not be classified as securities.

In his speech, Atkins announced that the SEC would soon propose a token taxonomy based on the Howey test. This taxonomy is intended to define different categories for crypto investments. Impressively, the SEC Chairman rejected the notion that a token once sold under an investment contract should forever be considered a security. “A token is not a security just because it was once part of an investment contract,” Atkins said.

Categorizing crypto investments

The proposed categories include several types of digital assets:

• Digitale Rohstoffe: Netzwerk-Token aus funktionalen, dezentralen Systemen – keine Wertpapiere.
• Digitale Sammlerstücke: Kunst, Memes, Spielgegenstände – keine Wertpapiere.
• Digitale Werkzeuge: Mitgliedschaften, Tickets – keine Wertpapiere.
• Tokenisierte Wertpapiere: blockchain-verfolgte Aktien und Anleihen – bleiben Wertpapiere.

An important aspect of the new regulation is that the SEC will draft exemptions for investment contract tokens. These tokens could potentially be traded on Commodity Futures Trading Commission (CFTC) or government-regulated platforms. Atkins noted that despite the new classifications, the agency will continue to actively crack down on fraudsters. The anti-fraud provisions remain in effect and apply to misrepresentations and omissions in connection with the sale of an investment contract, even if the underlying asset is not a security.

Outlook and economic reality

Atkins emphasized the need for rules and enforcement to be consistent with economic reality. In his opinion, investment contracts can end and networks continue to exist independently of each other. This balance between innovation and regulation is crucial for the future of the market and could significantly support the growth of the sector by giving companies a clear and understandable legal basis.

For the crypto community, this means potentially long-term stability and clear direction as it continues to seek legitimacy and establishment in the financial sector. For more information on this important announcement, see the article by Daily Hodl.