U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins urged Congress to advance the crypto market structure bill known as the Clarity Act, but made clear that the agency's crypto agenda will move forward regardless of the bill's fate. Atkins highlighted three areas forming the foundation of the SEC's regulatory push under “Project Crypto”: proposed Regulation Crypto Assets, an overhaul of transfer agent rules to include blockchains for digital ownership ledgers, and a proposal clarifying crypto custody for investment advisers and regulated funds, which would allow self-custody under certain conditions and the use of state trust companies.