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SEC Chair Paul Atkins said most crypto tokens are not securities.
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Pledged to create a framework to prevent regulatory overreach.
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Part of the SEC’s new “Project Crypto” initiative.
A Shift in SEC Policy
SEC Chair Paul Atkins said Tuesday that “very few” crypto tokens should be considered securities, marking a sharp departure from the previous administration’s stance.
Project Crypto and Innovation Focus
Atkins emphasized the SEC’s new initiative, Project Crypto, which aims to modernize securities laws and support on-chain finance. Unlike his predecessor Gary Gensler, Atkins views tokens primarily as non-securities unless tied to specific offerings.
Future-Proofing Regulation
Atkins argued for building a framework that shields crypto markets from “regulatory mischief” and ensures innovation is embraced. Analysts have described Project Crypto as the most transformative regulatory vision yet laid out by the SEC.
