🚨 **SEC Chairman Unveils “Token Classification Act” — A Game-Changer for Crypto Regulation!** 🇺🇸📜

According to *The Block*, **SEC Chairman Paul Atkins** has announced a major regulatory initiative — the **Token Classification Act**, aimed at clearly defining **which cryptocurrencies qualify as securities** under U.S. law.

💡 **Key Points:**

* The framework will rely on the **Howey Test**, a standard from a **1946 Supreme Court ruling** used to determine whether an asset is an *investment contract*.

* Atkins emphasized that while **some tokens may be part of investment contracts**, it **doesn’t automatically make them securities**.

* This move marks a **shift in SEC strategy**, focusing on clarity and balance rather than blanket enforcement. ⚖️

🔥 **Why It Matters:**

* A clear taxonomy could **end years of legal confusion** around crypto assets.

* It may open doors for **new token projects**, **ETFs**, and **mainstream adoption** under transparent guidelines.

* Expect **stronger investor confidence** once the framework is formalized.

This could be a defining moment for how the U.S. — and the world — regulates digital assets. 🌍

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