SEC Chair Says Most Crypto Tokens Are Not Securities
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BTCCSquare news:
SEC Chair Paul Atkins has indicated that the majority of crypto tokens should not be classified as securities, stating that a token by itself is "probably not" a security. The remarks come as part of the SEC's "Project Crypto," an initiative aimed at modernizing securities laws and transitioning U.S. markets to blockchain-based systems.
Atkins emphasized the importance of establishing a clear regulatory framework to foster innovation in the crypto industry while safeguarding it from overreach. The MOVE signals a potential shift toward more nuanced oversight of digital assets, with implications for market structure and investor protection.
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