Updated on August 8, 2025

Crypto gets free rein in America.

Crypto gets free rein in America.

SEC launches Project Crypto.


The US Securities and Exchange Commission (SEC) has announced Project Crypto, a broad initiative to modernize financial market regulation for a world in which crypto plays a central role. The plan includes clear definitions for different types of digital assets, guidelines for superapps that combine multiple functions such as trading, staking, and lending, and room for the tokenization of traditional investment products.

With Project Crypto, the SEC is opting for the structural integration of crypto into the financial system. It marks a shift from primarily enforcement to creating a stable regulatory framework that enables innovation. For market participants, this is the ultimate signal that the US is willing to embrace the sector and that crypto will become a permanent part of the financial infrastructure.


Trump opens pension funds to crypto.


President Trump has signed an executive order allowing pension funds to invest in crypto. The decision applies to the popular 401(k) plans and other retirement structures, opening the door to investments in digital assets alongside traditional categories such as stocks, bonds, and real estate.

This measure could give a major boost to the adoption of crypto by millions of Americans. For the first time, it will be possible to benefit from the growth potential of the digital economy through a standard retirement plan. It strengthens crypto’s position as a serious and accepted asset class within the broader financial system.

SEC provides clarity on liquid staking.


The SEC has confirmed that certain forms of liquid staking are not considered securities. In liquid staking, users lock their tokens via a protocol or service provider and receive a separate token in return that represents the value of the stake. This token remains tradable and can, for example, be used in DeFi, while the original stake remains in place.

This decision removes a major source of uncertainty for both developers and users. It opens the door to more innovation in staking services and could lead to broader adoption of the technology, now that the legal risk has been significantly reduced.

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