SEC Chair Paul Atkins stated that only a small portion of cryptocurrencies can be considered securities. He confirmed a shift in the agency's approach to regulating digital assets.

According to him, the token itself is not a security by default. The status of a cryptocurrency depends on how it is sold and in what context it is used. This statement sharply contrasts with the position of his predecessor Gary Gensler, who argued that most crypto assets fall under the definition of securities.

Atkins emphasized that the SEC will continue to shape its own rules while Congress prepares market structure laws for cryptocurrencies.$ERA $PROVE $LA