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Project Crypto Goes Live: SEC and CFTC Formally Launch America's Most Ambitious Crypto Regulatory Initiative — DeFi Safe Harbors and Perpetual Contracts Coming Within Weeks
Defi

Project Crypto Goes Live: SEC and CFTC Formally Launch America's Most Ambitious Crypto Regulatory Initiative — DeFi Safe Harbors and Perpetual Contracts Coming Within Weeks

On January 29, 2026, the SEC and CFTC jointly launched Project Crypto — a formal cross-agency harmonization initiative that pursues DeFi safe harbors for software developers, innovation exemptions for non-custodial protocol builders, and the first-ever onshoring of perpetual futures contracts to US regulated markets. CFTC Chair Selig confirmed to Bloomberg on March 2 that the regulatory path for US crypto perpetuals will clear in weeks. SEC Chairman Paul Atkins is executing a definitive shift from enforcement to structured innovation guidance. The most consequential joint regulatory action in American crypto history is formally in motion — and the DeFi and derivatives industries will never be the same.

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