The US SEC launches Project Crypto, an initiative to "modernize" securities regulations to allow for crypto-based trading (Tanaya Macheel/CNBC)

Tanaya Macheel / CNBC:
The US SEC launches Project Crypto, an initiative to “modernize” securities regulations to allow for crypto-based trading  —  The Securities and Exchange Commission on Thursday debuted “Project Crypto,” an initiative to modernize securities rules and regulations to allow for crypto-based trading.

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