Jamie Selway, Director of the Trading and Markets Division at the U.S. Securities and Exchange Commission (SEC), emphasized the importance of trust in crypto markets during the SIFMA Market Structure Conference. Despite the decentralized, "trustless" nature of digital assets, Selway argued that a trusted market structure is essential for healthy trading. Selway announced the SEC's "Project Crypto," aimed at establishing clear regulatory guidelines to foster competition and innovation while preventing regulatory distortions. He highlighted the need for fair treatment of all market participants and reiterated that the market itself should determine value.