#CryptoRoundTableRemarks

During the May 12 Crypto Task Force roundtable, SEC Chairman Paul Atkins announced a major regulatory shift for the crypto industry. The new approach moves away from aggressive enforcement and toward a clear, rule-based regulatory structure.

Highlights include:

• Token Issuance: New guidelines clarifying what qualifies as a security and how to launch compliant tokens

• Custody: Expanded options for entities to qualify as custodians under federal law

• Trading: Support for broker-dealer "super apps" and updates to ATS (Alternative