SEC Chair Atkins Declares Majority of Tokens Exempt from Securities Classification in Major Regulatory Overhaul
Breaking: SEC shifts stance on crypto—Chair Atkins drops regulatory bombshell, declaring most tokens fall outside securities framework.
Market Implications
The announcement sends shockwaves through traditional finance circles, potentially unlocking billions in previously restricted capital flow. Crypto exchanges immediately see surge in trading volumes as institutional players reposition portfolios.
Regulatory Reality Check
Atkins' statement effectively bypasses years of regulatory ambiguity, providing clear guidance that could accelerate mainstream adoption. The move contrasts sharply with previous enforcement-heavy approaches—though skeptics note Wall Street will still find ways to charge their 2% management fees on the newly legitimized assets.
Industry insiders celebrate while compliance teams scramble to adjust frameworks. The regulatory shift positions US markets to compete more aggressively with global crypto hubs—finally cutting through the red tape that's been holding innovation hostage.