The U.S. Securities and Exchange Commission (SEC) has launched "Project Crypto," a regulatory initiative aimed at providing clearer rules and a legal framework for the digital finance sector. Key elements of the project include the greenlighting of token sales, legal recognition and protection of self-custody, and the establishment of a regulatory path for decentralized finance (DeFi) and onchain applications, including super apps. The SEC has clarified that most crypto assets will not be classified as securities under this framework. SEC Chair Paul S. Atkins announced the initiative, emphasizing the commission's commitment to shaping the future of digital finance. Additionally, the SEC is developing a comprehensive report focused on Bitcoin and the broader cryptocurrency market, as announced live on CNBC. The project also opens opportunities for programmable, ownable AI agents through tokenized assets. Industry experts predict that these regulatory developments could accelerate mainstream adoption of cryptocurrencies within the next two years. The initiative reflects a notable shift in the SEC's approach to crypto regulation, aiming to foster innovation while providing legal clarity for market participants.