Securities on a Sliding Scale: Inside “Project Crypto’s” New Approach to Digital Assets

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On November 12, 2025, Securities and Exchange Commission (“SEC”) Chairman Paul S. Atkins spoke at the Federal Reserve Bank of Philadelphia regarding the SEC’s “Project Crypto” initiative, which aims to create a clear and robust crypto asset regulatory framework to foster innovation, protect investors, increase capital formation, and bring crypto projects back onshore from foreign jurisdictions….
By: Jones Day
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