U.S. Treasury Secretary Bessent announced that the United States is exploring new possibilities in cryptocurrency payments and decentralized computing, marking what he described as the "Golden Age of Crypto." This statement reflects a growing governmental openness to blockchain technology and digital assets. Concurrently, the U.S. Securities and Exchange Commission (SEC), led by Chair Paul Atkins, has launched "Project Crypto," an initiative aimed at modernizing securities regulation to better accommodate digital finance. Project Crypto seeks to provide clearer rules for token classification, support self-custody and tokenized assets, and establish a regulatory framework for decentralized finance (DeFi) and on-chain applications. The SEC is collaborating with the Commodity Futures Trading Commission (CFTC) to advance this regulatory roadmap. A notable development under Project Crypto includes the SEC clarifying that liquid staking tokens (LSTs) are not securities, which is expected to encourage institutional investment in yield-generating crypto products. Prominent figures such as Charlie Kirk and Eric Trump have noted increased institutional and global interest in Bitcoin, with wealthy families investing heavily and countries with excess energy engaging in Bitcoin mining. These developments indicate a significant shift in the U.S. government's approach to cryptocurrency, aiming to foster innovation while providing regulatory clarity.
🔥The SEC just said liquid staking ≠ securities. This is the clarity we needed Institutions now have the greenlight to enter the yield layer... And they will. $ETH is the new risk-free rate. Everything changes from here.
The CFTC is launching an initiative to advance the crypto regulatory roadmap. @Tyler_Did_It on @fomohour ↓ https://t.co/cOz9k4Vstm
🇺🇸 ERIC TRUMP SAID EVERY COUNTRY WITH EXCESS ENERGY IS MINING #BITCOIN, AND THE RACE IS ON IT’S HAPPENING!!! https://t.co/2lDO4G6ti7