SEC Chair Signals Regulatory Shift, Says Few Crypto Tokens Are Securities
U.S. Securities and Exchange Commission Chair Paul Atkins has upended years of regulatory uncertainty by declaring that only a "very small percentage" of crypto tokens qualify as securities. Speaking at the Wyoming Blockchain Symposium, Atkins distanced himself from predecessor Gary Gensler's aggressive stance, noting most tokens exist outside traditional securities frameworks.
The remarks coincide with Congressional momentum for clearer digital asset rules. July's passage of the CLARITY Act in the House and bipartisan Senate support suggest impending structural changes for crypto markets. Atkins' pragmatic approach—evaluating tokens based on their commercial packaging rather than blanket classifications—may accelerate institutional adoption.