SEC Chairman Atkins: Most Tokens Are Not Securities

The Chairman of the U.S. Securities and Exchange Commission (SEC), #PaulAtkins , has made a groundbreaking statement, asserting that "most crypto tokens are not securities". This statement signals a major shift in SEC policy, moving from a focus on enforcement actions to building a clearer and more predictable legal framework for the crypto industry.

Changing Perspectives, Promoting Innovation

Atkins criticized the previous approach of #SEC , which relied on arbitrary enforcement actions that pushed innovation overseas. Instead, he is committed to providing clear legal guidance, enabling startups to raise funds on the blockchain without facing "endless legal uncertainty". This new perspective will help better distinguish between tokens that are securities and those that are not, providing certainty for crypto projects.

Towards a "Super App" Model

Atkins also advocates for a "super app" platform model that allows trading, lending, and staking under a single legal framework, bringing the SEC closer to the European Union's Markets in Crypto-Assets (MiCA) regime. This change indicates that the SEC is looking to create a more favorable legal environment, promoting the development of crypto in the U.S. and helping the country maintain its competitive position in the global market. This is extremely positive news, offering hope for a regulated yet flexible future for crypto. #anh_ba_cong