Woofun AI reports that SEC Chairman Paul Atkins addressed the New York Economic Club, outlining the agency's response to President Trump's directive to position the United States as the global cryptocurrency center. Through "Project Crypto," the SEC is implementing historic regulatory modernization to facilitate the migration of markets to blockchain infrastructure.

Atkins stated that the agency has resolved years of ambiguity by providing clear guidelines for digital asset issuers regarding security classification. He emphasized that these measures ensure equal application of rules necessary for proper market function, marking a shift from enforcement-focused tactics to a forward-looking framework designed to retain crypto innovation within the U.S.