According to @_RichardTeng, if implemented, the U.S. "Project Crypto" could set a global benchmark for responsible, innovation-friendly crypto regulation, signaling a serious U.S. commitment to building clear rules that he describes as a step forward for the entire ecosystem (source: @_RichardTeng on X, Aug 8, 2025). He states that jurisdictions worldwide have looked to the U.S. for leadership and now see stronger commitment to constructing regulation that supports innovation (source: @_RichardTeng on X, Aug 8, 2025). The statement does not specify a timeline, policy text, or implementing agencies for Project Crypto, indicating that details remain undisclosed at this time (source: @_RichardTeng on X, Aug 8, 2025).