According to BlockBeats, on August 20, SEC Chairman Paul Atkins recently reiterated his friendly stance towards cryptocurrencies, emphasizing that 'very few' tokens fall under the category of securities. This statement marks a significant shift from the regulatory attitude of the previous administration.
During his attendance at the Wyoming blockchain seminar on Tuesday, Paul Atkins stated, "The SEC will actively promote new ideas—tokens themselves do not necessarily, and very likely do not, belong to securities. In my view, very few tokens genuinely meet the definition of a security; it largely depends on their accompanying plans and sales methods."
This statement is the latest policy signal from the SEC following the launch of 'Project Crypto' last month. The initiative has been described by the chairman as an important part of the 'modernization' reforms of securities law, aimed at promoting the transformation of U.S. financial markets to on-chain operations.
Paul Atkins emphasized, "Especially for the crypto industry, a new era has arrived; we support innovation, and now is the time to embrace it. We must build a crypto market framework that can withstand regulatory arbitrage and ensure its future orientation. I look forward to working with various government departments and congressional colleagues to advance this mission."